diff --git a/CHANGES.txt b/CHANGES.txt
index 13c3e38..e63fb92 100644
--- a/CHANGES.txt
+++ b/CHANGES.txt
@@ -57,3 +57,4 @@
   * 1.3.0: Increased Pillow to 4.1.0 and Tornado to 4.5.1
   * 1.3.1: Fix pilbox.image CLI for python 3.0
   * 1.3.2: Fix GIF P-mode to JPEG conversion
+  * 1.3.3: Increase Pillow version to 5.2.0 and Tornado version to 5.1.0
diff --git a/README.rst b/README.rst
index b255d0d..ae5cbcd 100644
--- a/README.rst
+++ b/README.rst
@@ -654,3 +654,4 @@ Changelog
 -  1.3.0: Increased Pillow to 2.9.0 and Tornado to 4.5.1
 -  1.3.1: Fix pilbox.image CLI for python 3.0
 -  1.3.2: Fix GIF P-mode to JPEG conversion
+-  1.3.3: Increase Pillow version to 5.2.0 and Tornado version to 5.1.0
diff --git a/pilbox/__init__.py b/pilbox/__init__.py
index c1eedee..976f3da 100644
--- a/pilbox/__init__.py
+++ b/pilbox/__init__.py
@@ -80,13 +80,14 @@
   * 1.3.0: Increased Pillow to 2.9.0 and Tornado to 4.5.1
   * 1.3.1: Fix pilbox.image CLI for python 3.0
   * 1.3.2: Fix GIF P-mode to JPEG conversion
+  * 1.3.3: Increase Pillow version to 5.2.0 and Tornado version to 5.1.0
 """
 
 # human-readable version number
-version = "1.3.2"
+version = "1.3.3"
 
 # The first three numbers are the components of the version number.
 # The fourth is zero for an official release, positive for a development
 # branch, or negative for a release candidate or beta (after the base version
 # number has been incremented)
-version_info = (1, 3, 2, 0)
+version_info = (1, 3, 3, 0)
diff --git a/setup.py b/setup.py
index b2add82..105ce7f 100644
--- a/setup.py
+++ b/setup.py
@@ -21,7 +21,7 @@ def run(self):
 
 
 setup(name='pilbox',
-      version='1.3.2',
+      version='1.3.3',
       description='Pilbox is an image processing application server built on the Tornado web framework using the Pillow Imaging Library',
       long_description=readme,
       classifiers=[