diff --git a/CHANGELOG.md b/CHANGELOG.md
index 158d483b..c8b4230d 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,26 @@
 
 All notable changes to this project are documented in this file.
 
+## 1.3.0 (2020-11-23) 
+
+Add support for custom weights when configuring traffic shifting
+
+#### Features
+
+- Support AWS App Mesh backends ARN
+    [#715](https://github.com/weaveworks/flagger/pull/715)
+- Add support for Istio VirtualService delegation
+    [#715](https://github.com/weaveworks/flagger/pull/715)
+- Copy labels from canary to primary workloads based on prefix rules
+    [#709](https://github.com/weaveworks/flagger/pull/709)
+
+#### Improvements
+
+- Add QPS and Burst configs for kubernetes client
+    [#725](https://github.com/weaveworks/flagger/pull/725)
+- Update Istio to v1.8.0
+    [#733](https://github.com/weaveworks/flagger/pull/733)
+
 ## 1.2.0 (2020-09-29) 
 
 Add support for New Relic metrics
diff --git a/artifacts/flagger/deployment.yaml b/artifacts/flagger/deployment.yaml
index 1915fd03..813ef809 100644
--- a/artifacts/flagger/deployment.yaml
+++ b/artifacts/flagger/deployment.yaml
@@ -22,7 +22,7 @@ spec:
       serviceAccountName: flagger
       containers:
       - name: flagger
-        image: weaveworks/flagger:1.2.0
+        image: weaveworks/flagger:1.3.0
         imagePullPolicy: IfNotPresent
         ports:
         - name: http
diff --git a/charts/flagger/Chart.yaml b/charts/flagger/Chart.yaml
index 9003ff25..14b5574d 100644
--- a/charts/flagger/Chart.yaml
+++ b/charts/flagger/Chart.yaml
@@ -1,7 +1,7 @@
 apiVersion: v1
 name: flagger
-version: 1.2.0
-appVersion: 1.2.0
+version: 1.3.0
+appVersion: 1.3.0
 kubeVersion: ">=1.11.0-0"
 engine: gotpl
 description: Flagger is a progressive delivery operator for Kubernetes
diff --git a/charts/flagger/values.yaml b/charts/flagger/values.yaml
index 15cd45d1..2006335c 100644
--- a/charts/flagger/values.yaml
+++ b/charts/flagger/values.yaml
@@ -2,7 +2,7 @@
 
 image:
   repository: weaveworks/flagger
-  tag: 1.2.0
+  tag: 1.3.0
   pullPolicy: IfNotPresent
   pullSecret:
 
diff --git a/kustomize/base/flagger/kustomization.yaml b/kustomize/base/flagger/kustomization.yaml
index 82172e70..28efdd5e 100644
--- a/kustomize/base/flagger/kustomization.yaml
+++ b/kustomize/base/flagger/kustomization.yaml
@@ -8,4 +8,4 @@ resources:
   - deployment.yaml
 images:
   - name: weaveworks/flagger
-    newTag: 1.2.0
+    newTag: 1.3.0
diff --git a/pkg/version/version.go b/pkg/version/version.go
index 060592fd..7a5f63ec 100644
--- a/pkg/version/version.go
+++ b/pkg/version/version.go
@@ -1,4 +1,4 @@
 package version
 
-var VERSION = "1.2.0"
+var VERSION = "1.3.0"
 var REVISION = "unknown"