diff --git a/CHANGES b/CHANGES
index 84c19f7..e74edc2 100644
--- a/CHANGES
+++ b/CHANGES
@@ -4,7 +4,7 @@
 * https://github.com/yaml/pyyaml/commits/
 * https://bitbucket.org/xi/pyyaml/commits/
 
-5.3b1 (2019-12-21)
+5.3 (2020-01-06)
 
 * https://github.com/yaml/pyyaml/pull/290 -- Use `is` instead of equality for comparing with `None`
 * https://github.com/yaml/pyyaml/pull/270 -- fix typos and stylistic nit
diff --git a/lib/yaml/__init__.py b/lib/yaml/__init__.py
index 91b97ea..1954704 100644
--- a/lib/yaml/__init__.py
+++ b/lib/yaml/__init__.py
@@ -8,7 +8,7 @@
 from loader import *
 from dumper import *
 
-__version__ = '5.3b1'
+__version__ = '5.3'
 
 try:
     from cyaml import *
diff --git a/lib3/yaml/__init__.py b/lib3/yaml/__init__.py
index 524354f..658a08a 100644
--- a/lib3/yaml/__init__.py
+++ b/lib3/yaml/__init__.py
@@ -8,7 +8,7 @@
 from .loader import *
 from .dumper import *
 
-__version__ = '5.3b1'
+__version__ = '5.3'
 try:
     from .cyaml import *
     __with_libyaml__ = True
diff --git a/setup.py b/setup.py
index 9f872b9..1a0413a 100644
--- a/setup.py
+++ b/setup.py
@@ -1,6 +1,6 @@
 
 NAME = 'PyYAML'
-VERSION = '5.3b1'
+VERSION = '5.3'
 DESCRIPTION = "YAML parser and emitter for Python"
 LONG_DESCRIPTION = """\
 YAML is a data serialization format designed for human readability