diff --git a/CHANGELOG.md b/CHANGELOG.md
index 7bbd40c..a2d529c 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,11 @@
+## 0.20.3 / 2021-06-04
+
+* [ENHANCEMENT] Use extracted go-kit/log to reduce transitive dependencies ([#378](https://github.com/prometheus/statsd_exporter/pull/378))
+
+Once again there is no functional change.
+For library users, the dependency tree shrinks considerably.
+See [prometheus/common#255](https://github.com/prometheus/common/issues/255) for more details.
+
 ## 0.20.2 / 2021-05-03
 
 * [BUGFIX] Remove copyleft licensed dependency ([#375](https://github.com/prometheus/statsd_exporter/pull/375))
diff --git a/VERSION b/VERSION
index 727d97b..144996e 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-0.20.2
+0.20.3