diff --git a/README.md b/README.md
index 78b0b5b..5bc3951 100644
--- a/README.md
+++ b/README.md
@@ -48,7 +48,7 @@ You can also setup pyright to run automatically before each commit by setting up
 ```yaml
 repos:
   - repo: https://github.com/RobertCraigie/pyright-python
-    rev: v1.1.388
+    rev: v1.1.389
     hooks:
     - id: pyright
 ```
diff --git a/src/pyright/_version.py b/src/pyright/_version.py
index e3a5bb6..627a7f6 100644
--- a/src/pyright/_version.py
+++ b/src/pyright/_version.py
@@ -1,2 +1,2 @@
-__version__ = '1.1.388'
-__pyright_version__ = '1.1.388'
+__version__ = '1.1.389'
+__pyright_version__ = '1.1.389'