diff --git a/CHANGELOG.md b/CHANGELOG.md
index cb4ca13c..a64e1794 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -3,6 +3,12 @@ All enhancements and patches to Cookiecutter Django will be documented in this f
 
 <!-- GENERATOR_PLACEHOLDER -->
 
+## 2022.05.03
+
+### Updated
+- Update django-debug-toolbar to 3.4.0 ([#3692](https://github.com/cookiecutter/cookiecutter-django/pull/3692))
+- Update sentry-sdk to 1.5.11 ([#3693](https://github.com/cookiecutter/cookiecutter-django/pull/3693))
+
 ## 2022.05.01
 
 ### Updated
diff --git a/setup.py b/setup.py
index e4c1d45f..6910cf9a 100644
--- a/setup.py
+++ b/setup.py
@@ -5,7 +5,7 @@ except ImportError:
     from distutils.core import setup
 
 # We use calendar versioning
-version = "2022.05.01"
+version = "2022.05.03"
 
 with open("README.rst") as readme_file:
     long_description = readme_file.read()