diff --git a/CHANGELOG.adoc b/CHANGELOG.adoc
index 664766b6..d2271669 100644
--- a/CHANGELOG.adoc
+++ b/CHANGELOG.adoc
@@ -1,6 +1,13 @@
 All notable changes to this project will be documented in this file. This change log follows the conventions of http://keepachangelog.com/[keepachangelog.com].
 
 == Unreleased (dev)
+// {{{
+=== Changed
+* Bumped build.edn to 0.9.216.
+
+=== Fixed
+* https://github.com/liquidz/antq/issues/217[#217]: Fixed pom.xml upgrader to work correctly when pom.xml contains `exclusions` tag.
+// }}}
 
 == 2.4.1062 (2023-05-01)
 // {{{
diff --git a/deps.edn b/deps.edn
index 06bab17a..5d9b6d07 100644
--- a/deps.edn
+++ b/deps.edn
@@ -42,7 +42,7 @@
    :main-opts ["-m" "cloverage.coverage" "--ns-exclude-regex" "leiningen.antq"]}
 
   :build
-  {:deps {com.github.liquidz/build.edn {:mvn/version "0.9.203"}}
+  {:deps {com.github.liquidz/build.edn {:mvn/version "0.9.216"}}
    :ns-default build}
 
   ;; -X
diff --git a/src/antq/upgrade/pom.clj b/src/antq/upgrade/pom.clj
index cfe7be2d..91c40390 100644
--- a/src/antq/upgrade/pom.clj
+++ b/src/antq/upgrade/pom.clj
@@ -24,20 +24,37 @@
 (defn- target-dependency?
   [loc group-id artifact-id]
   (let [{:keys [tag content]} (zip/node loc)]
-    (if (and tag
-             (= "groupId" (name tag))
-             (= [group-id] content))
-      (->> (zip/rights loc)
-           (filter #(and (tag=? "artifactId")
-                         (= [artifact-id] (:content %))))
-           (seq)
-           (some?))
-      false)))
+
+    (cond
+      ;; group-id
+      (not (and tag
+                (= "groupId" (name tag))
+                (= [group-id] content)))
+      false
+
+      ;; artifact-id next to group-id
+      (not (->> (zip/rights loc)
+                (filter #(and (= "artifactId" (name (:tag %)))
+                              (= [artifact-id] (:content %))))
+                (seq)
+                (some?)))
+      false
+
+      ;; exlusion
+      (-> loc
+          (zip/up)
+          (tag-name)
+          (= "exclusion"))
+      false
+
+      :else
+      true)))
 
 (defn- version-property-name
   [loc]
-  (let [loc (find-version loc)
-        {:keys [content]} (zip/node loc)]
+  (let [{:keys [content]} (some-> loc
+                                  (find-version)
+                                  (zip/node))]
     (some->> (first content)
              (re-seq #"\$\{(.+?)\}")
              (first)
diff --git a/test/antq/upgrade/pom_test.clj b/test/antq/upgrade/pom_test.clj
index acb01bc7..dec40eac 100644
--- a/test/antq/upgrade/pom_test.clj
+++ b/test/antq/upgrade/pom_test.clj
@@ -32,6 +32,13 @@
                       :latest-version "9.0.0"
                       :file (io/file (io/resource "dep/child_pom/child/pom.xml"))}))
 
+(def ^:private dummy-java-with-exclusion-dep
+  (r/map->Dependency {:project :pom
+                      :type :java
+                      :name "com.bar/bar"
+                      :latest-version "9.0.0"
+                      :file (io/file (io/resource "dep/test_pom_exclusions.xml"))}))
+
 (t/deftest upgrade-dep-test
   (let [tmp-file (File/createTempFile "upgrade-dep-test" "xml")]
     (try
@@ -74,3 +81,18 @@
 (t/deftest upgrade-dep-with-child-pom-test
   (t/is (nil? (->> dummy-parent-child-java-dep
                    (upgrade/upgrader)))))
+
+(t/deftest upgrade-dep-with-exclusion-test
+  (let [tmp-file (File/createTempFile "upgrade-dep-test" "xml")]
+    (try
+      (let [from-deps (->> dummy-java-with-exclusion-dep
+                           :file
+                           (dep.pom/extract-deps ""))
+            _ (->> dummy-java-with-exclusion-dep
+                   (upgrade/upgrader)
+                   (spit tmp-file))
+            to-deps (dep.pom/extract-deps "" tmp-file)]
+        (t/is (= #{{:name "com.bar/bar" :version {:- "1.0.0" :+ "9.0.0"}}}
+                 (h/diff-deps from-deps to-deps))))
+      (finally
+        (.delete tmp-file)))))
diff --git a/test/resources/dep/test_pom_exclusions.xml b/test/resources/dep/test_pom_exclusions.xml
new file mode 100644
index 00000000..3dbeea44
--- /dev/null
+++ b/test/resources/dep/test_pom_exclusions.xml
@@ -0,0 +1,26 @@
+<?xml version="1.0" encoding="UTF-8"?>
+<project xmlns="http://maven.apache.org/POM/4.0.0" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://maven.apache.org/POM/4.0.0 http://maven.apache.org/xsd/maven-4.0.0.xsd">
+  <modelVersion>4.0.0</modelVersion>
+  <groupId>foo</groupId>
+  <artifactId>foo</artifactId>
+  <version>0.1.0-SNAPSHOT</version>
+  <name>foo</name>
+  <dependencies>
+    <dependency>
+      <groupId>com.foo</groupId>
+      <artifactId>foo</artifactId>
+      <version>1.0.0</version>
+      <exclusions>
+        <exclusion>
+          <groupId>com.bar</groupId>
+          <artifactId>bar</artifactId>
+        </exclusion>
+      </exclusions>
+    </dependency>
+    <dependency>
+      <groupId>com.bar</groupId>
+      <artifactId>bar</artifactId>
+      <version>1.0.0</version>
+    </dependency>
+  </dependencies>
+</project>