diff --git a/NEWS b/NEWS
index a69143ba2..9c18d2ac0 100644
--- a/NEWS
+++ b/NEWS
@@ -1,3 +1,17 @@
+5.3.0 (2018-03-09):
+
+* Improvement: Use `FactoryBot` instead of `FactoryGirl` (https://github.com/thoughtbot/paperclip/pull/2501)
+* Improvement: README updates (https://github.com/thoughtbot/paperclip/pull/2411, https://github.com/thoughtbot/paperclip/pull/2433, https://github.com/thoughtbot/paperclip/pull/2374, https://github.com/thoughtbot/paperclip/pull/2417, https://github.com/thoughtbot/paperclip/pull/2536)
+* Improvement: Remove Ruby 2.4 deprecation warning (https://github.com/thoughtbot/paperclip/pull/2401)
+* Improvement: Rails 5 migration compatibility (https://github.com/thoughtbot/paperclip/pull/2470)
+* Improvement: Documentation around post processing (https://github.com/thoughtbot/paperclip/pull/2381)
+* Improvement: S3 hostname example documentation (https://github.com/thoughtbot/paperclip/pull/2379)
+* Bugfix: Allow paperclip to load in IRB (https://github.com/thoughtbot/paperclip/pull/2369)
+* Bugfix: MIME type detection (https://github.com/thoughtbot/paperclip/issues/2527)
+* Bugfix: Bad tempfile state after symlink failure (https://github.com/thoughtbot/paperclip/pull/2540)
+* Bugfix: Rewind file after Fog bucket creation (https://github.com/thoughtbot/paperclip/pull/2572)
+* Improvement: Use `Terrapin` instead of `Cocaine` (https://github.com/thoughtbot/paperclip/pull/2553)
+
 5.2.1 (2018-01-25):
 
 * Bugfix: Fix copying files on Windows. (#2532)
diff --git a/lib/paperclip/version.rb b/lib/paperclip/version.rb
index 3444bd391..8fb7ab165 100644
--- a/lib/paperclip/version.rb
+++ b/lib/paperclip/version.rb
@@ -1,5 +1,5 @@
 module Paperclip
   unless defined?(Paperclip::VERSION)
-    VERSION = "5.2.1".freeze
+    VERSION = "5.3.0".freeze
   end
 end