diff --git a/changelog.md b/changelog.md
--- a/changelog.md
+++ b/changelog.md
@@ -1,3 +1,8 @@
+0.3.0.1 (2014-09)
+-----------------
+*  Bumped time dependency upper bound.
+
+
 0.3 (2014-02)
 -------------
 Brought inline with dimensional-0.13.
diff --git a/dimensional-tf.cabal b/dimensional-tf.cabal
--- a/dimensional-tf.cabal
+++ b/dimensional-tf.cabal
@@ -1,5 +1,5 @@
 Name:                dimensional-tf
-Version:             0.3
+Version:             0.3.0.1
 License:             BSD3
 License-File:        LICENSE
 Copyright:           Bjorn Buckwalter 2006-2014
@@ -26,7 +26,7 @@
 
 Category:            Math, Physics
 Build-Type:          Simple
-Build-Depends:       base < 5, time < 1.5, numtype-tf < 1.1
+Build-Depends:       base < 5, time < 1.6, numtype-tf < 1.1
 Exposed-Modules:     Numeric.Units.Dimensional.TF,
                      Numeric.Units.Dimensional.TF.Prelude,
                      Numeric.Units.Dimensional.TF.Quantities,