diff --git a/src/multicloud-connector/HISTORY.rst b/src/multicloud-connector/HISTORY.rst
index 74c2c8ab58d..482f5799523 100644
--- a/src/multicloud-connector/HISTORY.rst
+++ b/src/multicloud-connector/HISTORY.rst
@@ -2,6 +2,9 @@
 
 Release History
 ===============
+1.0.1
+++++++
+* Update help message for better readability
 
 1.0.0
 ++++++
diff --git a/src/multicloud-connector/setup.py b/src/multicloud-connector/setup.py
index 0145c0e7dba..a0e91539dbe 100644
--- a/src/multicloud-connector/setup.py
+++ b/src/multicloud-connector/setup.py
@@ -10,7 +10,7 @@
 
 
 # HISTORY.rst entry.
-VERSION = '1.0.0'
+VERSION = '1.0.1'
 
 # The full list of classifiers is available at
 # https://pypi.python.org/pypi?%3Aaction=list_classifiers