diff --git a/src/GamUpdate.txt b/src/GamUpdate.txt
index 589fce7a..e9fa719e 100644
--- a/src/GamUpdate.txt
+++ b/src/GamUpdate.txt
@@ -1,3 +1,7 @@
+7.03.05
+
+Make GAM pip-installable: "pip install gam7"
+
 7.03.04
 
 Added option `security` to `gam create cigroup` that allows creation of a security group
diff --git a/src/gam/__init__.py b/src/gam/__init__.py
index 5182f96f..6870263c 100755
--- a/src/gam/__init__.py
+++ b/src/gam/__init__.py
@@ -25,7 +25,7 @@ https://github.com/GAM-team/GAM/wiki
 """
 
 __author__ = 'GAM Team <google-apps-manager@googlegroups.com>'
-__version__ = '7.03.04'
+__version__ = '7.03.05'
 __license__ = 'Apache License 2.0 (http://www.apache.org/licenses/LICENSE-2.0)'
 
 #pylint: disable=wrong-import-position