A search for the decays Bs -> mu+ mu- and B0 -> mu+ mu- is performed with 0.37 fb^-1 of pp collisions at sqrt{s} = 7 TeV collected by the LHCb experiment in 2011. The upper limits on the branching fractions are BR (Bs -> mu+ mu-) < 1.6 x 10^-8 and BR(B0 -> mu+ mu-) < 3.6 x 10^-9 at 95% confidence level. A combination of these results with the LHCb limits obtained with the 2010 dataset leads to BR (Bs -> mu+ mu-) < 1.4 x 10^-8 and BR (B0 -> mu+ mu-) < 3.2 x 10^-9 at 95% confidence level.
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