diff --git a/cli/cppcheck.rc b/cli/cppcheck.rc
index 1e6ba2274..13d250922 100644
--- a/cli/cppcheck.rc
+++ b/cli/cppcheck.rc
@@ -56,8 +56,8 @@ END
 //
 
 VS_VERSION_INFO VERSIONINFO
- FILEVERSION 1,53,0,0
- PRODUCTVERSION 1,53,0,0
+ FILEVERSION 1,54,0,0
+ PRODUCTVERSION 1,54,0,0
  FILEFLAGSMASK 0x17L
 #ifdef _DEBUG
  FILEFLAGS 0x1L
@@ -73,12 +73,12 @@ BEGIN
         BLOCK "040904b0"
         BEGIN
             VALUE "FileDescription", "cppcheck Application"
-            VALUE "FileVersion", "1.53"
+            VALUE "FileVersion", "1.54"
             VALUE "InternalName", "cppcheck"
             VALUE "LegalCopyright", "Copyright (C) 2007-2012 Daniel Marjamäki and Cppcheck team."
             VALUE "OriginalFilename", "cppcheck.exe"
             VALUE "ProductName", "cppcheck Application"
-            VALUE "ProductVersion", "1.53"
+            VALUE "ProductVersion", "1.54"
         END
     END
     BLOCK "VarFileInfo"
diff --git a/cli/main.cpp b/cli/main.cpp
index 7fe397c87..9d8c4cc98 100644
--- a/cli/main.cpp
+++ b/cli/main.cpp
@@ -20,7 +20,7 @@
 /**
  *
  * @mainpage Cppcheck
- * @version 1.53
+ * @version 1.54
  *
  * @section overview_sec Overview
  * Cppcheck is a simple tool for static analysis of C/C++ code.
diff --git a/lib/cppcheck.cpp b/lib/cppcheck.cpp
index 6dbaa2950..b274f2f72 100644
--- a/lib/cppcheck.cpp
+++ b/lib/cppcheck.cpp
@@ -34,7 +34,7 @@
 #include <pcre.h>
 #endif
 
-static const char Version[] = "1.53";
+static const char Version[] = "1.54";
 static const char ExtraVersion[] = "";
 
 static TimerResults S_timerResults;
diff --git a/man/manual.docbook b/man/manual.docbook
index 1e643ad4b..7c51573de 100644
--- a/man/manual.docbook
+++ b/man/manual.docbook
@@ -3,7 +3,7 @@
 "http://www.oasis-open.org/docbook/xml/4.4/docbookx.dtd">
 <book>
   <bookinfo>
-    <title>Cppcheck 1.53</title>
+    <title>Cppcheck 1.54</title>
 
     <date>2012-04-08</date>
   </bookinfo>
diff --git a/win_installer/productInfo.wxi b/win_installer/productInfo.wxi
index 0a9d230d3..5551bdce8 100644
--- a/win_installer/productInfo.wxi
+++ b/win_installer/productInfo.wxi
@@ -1,8 +1,8 @@
 <?xml version="1.0" encoding="utf-8"?>
 <Include>
-  <?define ProductName = "Cppcheck 1.53" ?>
+  <?define ProductName = "Cppcheck 1.54" ?>
   <?define ProductNameShort = "Cppcheck" ?>
-  <?define ProductVersion = "1.53.0" ?>
+  <?define ProductVersion = "1.54.0" ?>
 
   <?define ProductManufacturer = "The Cppcheck team" ?>
   <?define ProductDescription = "Cppcheck is a tool for static analysis of C/C++ code" ?>