diff --git a/CHANGES.md b/CHANGES.md
index 52e82096..291f090e 100644
--- a/CHANGES.md
+++ b/CHANGES.md
@@ -1,6 +1,6 @@
 # Changes
 
-## master
+## v1.3.1
 
 * Make clients using the old error code for ratelimiting work as expected
   ([issue #73](https://github.com/hetznercloud/hcloud-go/issues/73))
diff --git a/hcloud/hcloud.go b/hcloud/hcloud.go
index 42b27daa..baa52227 100644
--- a/hcloud/hcloud.go
+++ b/hcloud/hcloud.go
@@ -2,4 +2,4 @@
 package hcloud
 
 // Version is the library's version following Semantic Versioning.
-const Version = "1.3.0"
+const Version = "1.3.1"