diff --git a/release.py b/release.py
new file mode 100755
index 00000000..b39501a5
--- /dev/null
+++ b/release.py
@@ -0,0 +1,30 @@
+#!/usr/bin/env python
+from subprocess import call
+import re
+
+
+version = None
+
+
+def get_new_setup_py_lines():
+    global version
+    with open('setup.py', 'r') as sf:
+        current_setup = sf.readlines()
+    for line in current_setup:
+        if line.startswith('VERSION = '):
+            major, minor = re.findall(r"VERSION = '(\d+)\.(\d+)'", line)[0]
+            version = "{}.{}".format(major, int(minor) + 1)
+            yield "VERSION = '{}'\n".format(version)
+        else:
+            yield line
+
+
+lines = list(get_new_setup_py_lines())
+with open('setup.py', 'w') as sf:
+    sf.writelines(lines)
+
+call('git commit -am "Bump to {}"'.format(version), shell=True)
+call('git tag {}'.format(version), shell=True)
+call('git push', shell=True)
+call('git push --tags', shell=True)
+call('python setup.py sdist upload', shell=True)
diff --git a/setup.py b/setup.py
index 334f996d..c822bb5c 100644
--- a/setup.py
+++ b/setup.py
@@ -1,14 +1,18 @@
 from setuptools import setup, find_packages
 
 
+VERSION = '1.24'
+
+
 setup(name='thefuck',
-      version="1.23",
+      version=VERSION,
       description="Magnificent app which corrects your previous console command",
       author='Vladimir Iakovlev',
       author_email='nvbn.rm@gmail.com',
       url='https://github.com/nvbn/thefuck',
       license='MIT',
-      packages=find_packages(exclude=['ez_setup', 'examples', 'tests']),
+      packages=find_packages(exclude=['ez_setup', 'examples',
+                                      'tests', 'release']),
       include_package_data=True,
       zip_safe=False,
       install_requires=['pathlib', 'psutil'],