diff --git a/ChangeLog b/ChangeLog
index f53939af0..1bff51577 100644
--- a/ChangeLog
+++ b/ChangeLog
@@ -1,5 +1,39 @@
 OpenContainers Specifications
 
+Changes with v1.3.0:
+
+	Additions:
+
+	* config-vm: add hwConfig object (#1209)
+	* config-linux: add intelRdt.schemata field (#1230)
+	* config-linux: add netDevices object (#1271)
+	* config-linux: add memoryPolicy object (#1282)
+	* config-freebsd: add the spec for FreeBSD (#1286)
+	* config-linux: add intelRdt.enableMonitoring field (#1287)
+
+	Minor fixes:
+
+	* config-linux: clarify intelRdt configuration (#1196)
+	* runtime: fail when a poststart hook fails (#1262)
+	* config-linux: clarify pids cgroup settings (#1279)
+	* config-linux: define default clos for intelRdt (#1289)
+	* features-linux: add intelRdt.enableMonitoring field (#1290)
+	* features-linux: add intelRdt.schemata field (#1291)
+	* config-linux: fix and elaborate memoryPolicy.nodes field (#1294)
+	* config-linux, schema: fix FileMode description (#1298)
+
+	Documentation, CI & Governance:
+
+	* add systemd-nspawn to implementations.md (#1272)
+	* CI: add codespell, bump golangci-lint (#1281)
+	* docs: add missing backticks for code formatting  (#1284)
+	* docs: fix typo (#1285)
+	* principles: fix typo (#1288)
+	* schema: fix json (#1297)
+	* ci: use supported Go versions (#1300)
+	* Add minimum supported Go version to CI (#1303)
+	* Mention FreeBSD platform (#1304)
+
 Changes with v1.2.1:
 
 	Additions:
diff --git a/specs-go/version.go b/specs-go/version.go
index b0a00466b..9a985a528 100644
--- a/specs-go/version.go
+++ b/specs-go/version.go
@@ -6,9 +6,9 @@ const (
 	// VersionMajor is for an API incompatible changes
 	VersionMajor = 1
 	// VersionMinor is for functionality in a backwards-compatible manner
-	VersionMinor = 2
+	VersionMinor = 3
 	// VersionPatch is for backwards-compatible bug fixes
-	VersionPatch = 1
+	VersionPatch = 0
 
 	// VersionDev indicates development branch. Releases will be empty string.
 	VersionDev = "+dev"