diff --git a/Subsurface/Properties/AssemblyInfo.cs b/Subsurface/Properties/AssemblyInfo.cs
index d7267c35f..18cf36e02 100644
--- a/Subsurface/Properties/AssemblyInfo.cs
+++ b/Subsurface/Properties/AssemblyInfo.cs
@@ -31,5 +31,5 @@ using System.Runtime.InteropServices;
 // You can specify all the values or you can default the Build and Revision Numbers 
 // by using the '*' as shown below:
 // [assembly: AssemblyVersion("1.0.*")]
-[assembly: AssemblyVersion("0.5.0.2")]
-[assembly: AssemblyFileVersion("0.5.0.2")]
+[assembly: AssemblyVersion("0.5.0.3")]
+[assembly: AssemblyFileVersion("0.5.0.3")]
diff --git a/Subsurface/changelog.txt b/Subsurface/changelog.txt
index 731614411..7ed628057 100644
--- a/Subsurface/changelog.txt
+++ b/Subsurface/changelog.txt
@@ -1,3 +1,18 @@
+---------------------------------------------------------------------------------------------------------
+v0.5.0.3
+---------------------------------------------------------------------------------------------------------
+
+- fixed "submarine not found" errors when starting a round after downloading a shuttle from the server
+- console command for banning
+- a more secure password authentication method
+- fixed players with a space in their name being impossible to kick/ban via the console
+- banlist is saved immediately after banning someone instead of when shutting down the server
+- IP addresses are visible in netstats
+- client names are sanitized
+- bunch of miscellaneous anti-cheat measures
+- fixed docking ports leaking if multiple vessels dock to the main sub
+- cargo is always spawned in the main sub even if there are cargo spawnpoints in the docked vessels
+
 ---------------------------------------------------------------------------------------------------------
 v0.5.0.2
 ---------------------------------------------------------------------------------------------------------