diff --git a/README.rst b/README.rst
index 9e99a9bc..c7c4a35e 100644
--- a/README.rst
+++ b/README.rst
@@ -45,7 +45,7 @@ The latest source code for SleekXMPP may be found on `Github
 ``develop`` branch.
 
 **Latest Release**
-    - `1.1.7 <http://github.com/fritzy/SleekXMPP/zipball/1.1.7>`_
+    - `1.1.8 <http://github.com/fritzy/SleekXMPP/zipball/1.1.8>`_
 
 **Develop Releases**
     - `Latest Develop Version <http://github.com/fritzy/SleekXMPP/zipball/develop>`_
diff --git a/sleekxmpp/version.py b/sleekxmpp/version.py
index 782a8560..eb39fd68 100644
--- a/sleekxmpp/version.py
+++ b/sleekxmpp/version.py
@@ -9,5 +9,5 @@
 # We don't want to have to import the entire library
 # just to get the version info for setup.py
 
-__version__ = '1.1.7'
-__version_info__ = (1, 1, 7, '', 0)
+__version__ = '1.1.8'
+__version_info__ = (1, 1, 8, '', 0)