diff --git a/RELEASE.md b/RELEASE.md
index 98c076dc6e..452ac54ee1 100644
--- a/RELEASE.md
+++ b/RELEASE.md
@@ -5,12 +5,21 @@ We have attempted to document known bugs and limitations - in particular the [HI
 
 ===================================================================================================
 
-Upcoming:
-- HIP development now fully open and on GitHub. Developers should submit pull requests.
-
 
 ## Revision History:
 
+===================================================================================================
+Release: 1.3
+Date: 2017.08.16
+- hipcc now auto-detects amdgcn arch. No need to specify the arch when building for same system.
+- HIP texture support
+- Implemented __threadfence_support
+- Improvements in HIP context management logic
+- Bug fixes in several APIs including hipDeviceGetPCIBusId, hipEventDestroy, hipMemcpy2DAsync
+- Updates to hipify-clang and documentation
+- HIP development now fully open and on GitHub. Developers should submit pull requests.
+
+
 ===================================================================================================
 Release: 1.2
 Date: 2017.06.29
diff --git a/bin/hipconfig b/bin/hipconfig
index 39fdab5a99..c74d757fb5 100755
--- a/bin/hipconfig
+++ b/bin/hipconfig
@@ -1,7 +1,7 @@
 #!/usr/bin/perl -w
 
 $HIP_BASE_VERSION_MAJOR = "1";
-$HIP_BASE_VERSION_MINOR = "2";
+$HIP_BASE_VERSION_MINOR = "3";
 
 # Need perl > 5.10 to use logic-defined or
 use 5.006; use v5.10.1;