diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index 713d196b2..49e65c537 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1,7 +1,7 @@
 {
     "python/openinference-semantic-conventions": "0.1.11",
     "python/instrumentation/openinference-instrumentation-openai": "0.1.14",
-    "python/instrumentation/openinference-instrumentation-llama-index": "3.0.2",
+    "python/instrumentation/openinference-instrumentation-llama-index": "3.0.3",
     "python/instrumentation/openinference-instrumentation-dspy": "0.1.13",
     "python/instrumentation/openinference-instrumentation-langchain": "0.1.28",
     "python/instrumentation/openinference-instrumentation-bedrock": "0.1.11",
diff --git a/python/instrumentation/openinference-instrumentation-llama-index/CHANGELOG.md b/python/instrumentation/openinference-instrumentation-llama-index/CHANGELOG.md
index 87f16ced5..642551b7f 100644
--- a/python/instrumentation/openinference-instrumentation-llama-index/CHANGELOG.md
+++ b/python/instrumentation/openinference-instrumentation-llama-index/CHANGELOG.md
@@ -1,5 +1,12 @@
 # Changelog
 
+## [3.0.3](https://github.com/Arize-ai/openinference/compare/python-openinference-instrumentation-llama-index-v3.0.2...python-openinference-instrumentation-llama-index-v3.0.3) (2024-10-28)
+
+
+### Bug Fixes
+
+* increase version lower bound for openinference-instrumentation ([#1012](https://github.com/Arize-ai/openinference/issues/1012)) ([3236d27](https://github.com/Arize-ai/openinference/commit/3236d2733a46b84d693ddb7092209800cde8cc34))
+
 ## [3.0.2](https://github.com/Arize-ai/openinference/compare/python-openinference-instrumentation-llama-index-v3.0.1...python-openinference-instrumentation-llama-index-v3.0.2) (2024-09-06)
 
 
diff --git a/python/instrumentation/openinference-instrumentation-llama-index/src/openinference/instrumentation/llama_index/version.py b/python/instrumentation/openinference-instrumentation-llama-index/src/openinference/instrumentation/llama_index/version.py
index 131942e76..8d1c8625f 100644
--- a/python/instrumentation/openinference-instrumentation-llama-index/src/openinference/instrumentation/llama_index/version.py
+++ b/python/instrumentation/openinference-instrumentation-llama-index/src/openinference/instrumentation/llama_index/version.py
@@ -1 +1 @@
-__version__ = "3.0.2"
+__version__ = "3.0.3"