diff --git a/IPython/core/release.py b/IPython/core/release.py
index 64ce3f1..95c374c 100644
--- a/IPython/core/release.py
+++ b/IPython/core/release.py
@@ -21,7 +21,7 @@ name = 'ipython'
 # version
 _version_major = 3
 _version_minor = 2
-_version_patch = 2
+_version_patch = 3
 # _version_extra = 'dev'
 # _version_extra = 'rc1'
 _version_extra = ''  # Uncomment this for full releases
diff --git a/IPython/html/static/base/js/namespace.js b/IPython/html/static/base/js/namespace.js
index 5c82cfd..098b3ca 100644
--- a/IPython/html/static/base/js/namespace.js
+++ b/IPython/html/static/base/js/namespace.js
@@ -4,7 +4,7 @@
 var IPython = IPython || {};
 define([], function(){
     "use strict";
-    IPython.version = "3.2.2";
+    IPython.version = "3.2.3";
     IPython._target = '_blank';
     return IPython;
 });
diff --git a/docs/source/whatsnew/version3.rst b/docs/source/whatsnew/version3.rst
index ddfc50b..3372aaa 100644
--- a/docs/source/whatsnew/version3.rst
+++ b/docs/source/whatsnew/version3.rst
@@ -2,6 +2,11 @@
  3.x Series
 ============
 
+IPython 3.2.3
+=============
+
+Fixes compatibility with Python 3.4.4.
+
 IPython 3.2.2
 =============