diff --git a/setup.py b/setup.py
index a18574d..75dff85 100644
--- a/setup.py
+++ b/setup.py
@@ -121,7 +121,7 @@ setup(
             #
             # package                   # low                   high
 
-            'alembic',                  # 0.2.1
+            'alembic',                  # 0.3.4
             'py-bcrypt',                # 0.2
             'SQLAlchemy',               # 0.7.6
             'Tempita',                  # 0.5.1