diff --git a/CHANGELOG.md b/CHANGELOG.md
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,10 @@
 
 See full history at: <https://github.com/faylang/fay/commits>
 
+#### 0.20.0.3 (2014-05-09)
+
+* Allow `mtl 2.2.*`
+
 #### 0.20.0.2 (2014-05-08)
 
 * Allow `haskell-names 0.4.*`
diff --git a/fay.cabal b/fay.cabal
--- a/fay.cabal
+++ b/fay.cabal
@@ -1,5 +1,5 @@
 name:                fay
-version:             0.20.0.2
+version:             0.20.0.3
 synopsis:            A compiler for Fay, a Haskell subset that compiles to JavaScript.
 description:         Fay is a proper subset of Haskell which is type-checked
                      with GHC, and compiled to JavaScript. It is lazy, pure, has a Fay monad,
@@ -120,7 +120,7 @@
     , haskell-packages == 0.2.3.1 || > 0.2.3.2 && < 0.3
     , haskell-src-exts >= 1.15.0.1 && < 1.16
     , language-ecmascript >= 0.15 && < 0.17
-    , mtl < 2.2
+    , mtl < 2.3
     , process < 1.3
     , safe < 0.4
     , sourcemap < 0.2