diff --git a/Text/Pandoc.hs b/Text/Pandoc.hs
index 9be9f28c7..74a5e9295 100644
--- a/Text/Pandoc.hs
+++ b/Text/Pandoc.hs
@@ -111,4 +111,4 @@ import Text.Pandoc.Shared
 
 -- | Version number of pandoc library.
 pandocVersion :: String
-pandocVersion = "0.47"
+pandocVersion = "1.0"
diff --git a/pandoc.cabal b/pandoc.cabal
index d44b89fa0..290d816b5 100644
--- a/pandoc.cabal
+++ b/pandoc.cabal
@@ -1,5 +1,5 @@
 Name:            pandoc
-Version:         0.47
+Version:         1.0
 Cabal-Version:   >= 1.2
 Build-Type:      Custom
 License:         GPL