diff --git a/edl/__init__.py b/edl/__init__.py
index 33563f5..4ec3b4d 100644
--- a/edl/__init__.py
+++ b/edl/__init__.py
@@ -8,7 +8,7 @@
 import pprint
 import timecode
 
-__version__ = '0.1.11'
+from .version import __version__
 
 
 class List(object):
diff --git a/edl/version.py b/edl/version.py
new file mode 100644
index 0000000..13b7089
--- /dev/null
+++ b/edl/version.py
@@ -0,0 +1 @@
+__version__ = '0.1.11'
diff --git a/setup.py b/setup.py
index 7b0f615..2a0aa35 100644
--- a/setup.py
+++ b/setup.py
@@ -1,7 +1,7 @@
 #!/usr/bin/env python
 
 from distutils.core import setup
-import edl
+exec(open('edl/version.py').read())
 
 requires = [
     'timecode'
@@ -9,7 +9,7 @@
 
 setup(
     name='edl',
-    version=edl.__version__,
+    version=__version__,
     description='Simple EDL reading library',
     author='Simon Hargreaves',
     author_email='simon@simon-hargreaves.com',