diff --git a/CHANGES.md b/CHANGES.md
index cbe4377..0c70013 100644
--- a/CHANGES.md
+++ b/CHANGES.md
@@ -1,5 +1,12 @@
 # python-socketio change log
 
+**Release 5.0.3** - 2020-12-14
+
+- Correct handling of user session [#585](https://github.com/miguelgrinberg/python-socketio/issues/585) ([commit](https://github.com/miguelgrinberg/python-socketio/commit/a61d59c02aa08483f86bf45accf6620b69b06a41))
+- Performace tuning ([commit](https://github.com/miguelgrinberg/python-socketio/commit/bcdf9bb009ef32dac156ea518c1b113c0773877c))
+- Updated ASGI examples to latest release ([commit](https://github.com/miguelgrinberg/python-socketio/commit/8c5b762d724c0cfc45f982ffc3303202985ab812))
+- Updated Django example to latest release ([commit](https://github.com/miguelgrinberg/python-socketio/commit/94afcf643a66d85b64d76f4c219afe8881e8dbe6))
+
 **Release 5.0.2** - 2020-12-12
 
 - Return `environ`` dictionary for a client ([commit](https://github.com/miguelgrinberg/python-socketio/commit/2e71c22c6db41b82d863b3189c122ea9f7916bf0))
diff --git a/socketio/__init__.py b/socketio/__init__.py
index 82c1983..9f84678 100644
--- a/socketio/__init__.py
+++ b/socketio/__init__.py
@@ -27,7 +27,7 @@ else:  # pragma: no cover
     AsyncRedisManager = None
     AsyncAioPikaManager = None
 
-__version__ = '5.0.3dev'
+__version__ = '5.0.3'
 
 __all__ = ['__version__', 'Client', 'Server', 'BaseManager', 'PubSubManager',
            'KombuManager', 'RedisManager', 'ZmqManager', 'KafkaManager',