diff --git a/build.xml b/build.xml
index a28e55e12..b97df7693 100644
--- a/build.xml
+++ b/build.xml
@@ -163,7 +163,7 @@ under the License.
   <property name="mavendist.poi.dir" location="build/maven-dist/poi"/>
   <property name="mavendist.oap.dir" location="build/maven-dist/org.apache.poi"/>
   <property name="jar.name" value="poi"/>
-  <property name="version.id" value="3.0.3-beta1"/>
+  <property name="version.id" value="3.1-beta1"/>
   <property name="halt.on.test.failure" value="true"/>
   <property name="jdk.version.source" value="1.3"
     description="JDK version of source code"/>
diff --git a/src/documentation/content/xdocs/changes.xml b/src/documentation/content/xdocs/changes.xml
index 02f502284..336ac0615 100644
--- a/src/documentation/content/xdocs/changes.xml
+++ b/src/documentation/content/xdocs/changes.xml
@@ -36,7 +36,7 @@
     </devs>
 
 		<!-- Don't forget to update status.xml too! -->
-        <release version="3.0.3-beta1" date="2008-04-??">
+        <release version="3.1-beta1" date="2008-04-??">
            <action dev="POI-DEVELOPERS" type="add">HSLF: Support for getting embedded sounds from slide show </action>
            <action dev="POI-DEVELOPERS" type="add">HSLF: Initial support for rendering slides into images</action>
            <action dev="POI-DEVELOPERS" type="add">HSLF: Support for getting OLE object data from slide show </action>
diff --git a/src/documentation/content/xdocs/status.xml b/src/documentation/content/xdocs/status.xml
index 7992c62d1..c61f2b1db 100644
--- a/src/documentation/content/xdocs/status.xml
+++ b/src/documentation/content/xdocs/status.xml
@@ -33,7 +33,7 @@
 
 	<!-- Don't forget to update changes.xml too! -->
     <changes>
-        <release version="3.0.3-beta1" date="2008-04-??">
+        <release version="3.1-beta1" date="2008-04-??">
            <action dev="POI-DEVELOPERS" type="add">HSLF: Support for getting embedded sounds from slide show </action>
            <action dev="POI-DEVELOPERS" type="add">HSLF: Initial support for rendering slides into images</action>
            <action dev="POI-DEVELOPERS" type="add">HSLF: Support for getting OLE object data from slide show </action>