diff --git a/CHANGES.rst b/CHANGES.rst
index f918d5899..52f1e1658 100644
--- a/CHANGES.rst
+++ b/CHANGES.rst
@@ -2,7 +2,7 @@
 Changelog (Pillow)
 ==================
 
-5.3.0 (unreleased)
+5.3.0 (2018-10-01)
 ------------------
 
 - Changed Image size property to be read-only by default #3203
diff --git a/src/PIL/_version.py b/src/PIL/_version.py
index f4bf34e00..b5e4f0d75 100644
--- a/src/PIL/_version.py
+++ b/src/PIL/_version.py
@@ -1,2 +1,2 @@
 # Master version for Pillow
-__version__ = '5.3.0.dev0'
+__version__ = '5.3.0'