diff --git a/NEWS b/NEWS
index f15c555c2..5ba8e5af8 100644
--- a/NEWS
+++ b/NEWS
@@ -1,3 +1,20 @@
+Overview of changes leading to 5.3.0
+Saturday, October 8, 2022
+"Women, Life, Freedom" #MahsaAmini
+====================================
+- Don’t add glyphs from dropped MATH or COLR tables to the subset glyphs.
+  (Khaled Hosny)
+- Map “rlig” to appropriate AAT feature selectors. (Jonathan Kew)
+- Update USE data files to latest version. (David Corbett)
+- Check “CBDT” extents first before outline tables, to help with fonts that
+  also include an empty “glyf” table. (Khaled Hosny)
+- More work towards variable font instancing in the subsetter. (Qunxin Liu)
+- Subsetter repacker improvements. (Garret Rieger)
+- New API:
++hb_ot_layout_lookup_get_optical_bound()
++hb_face_builder_sort_tables()
+
+
 Overview of changes leading to 5.2.0
 Saturday, September 17, 2022
 ====================================
diff --git a/configure.ac b/configure.ac
index 28b09bc24..7b4a2f3be 100644
--- a/configure.ac
+++ b/configure.ac
@@ -1,6 +1,6 @@
 AC_PREREQ([2.64])
 AC_INIT([HarfBuzz],
-        [5.2.0],
+        [5.3.0],
         [https://github.com/harfbuzz/harfbuzz/issues/new],
         [harfbuzz],
         [http://harfbuzz.org/])
diff --git a/docs/harfbuzz-docs.xml b/docs/harfbuzz-docs.xml
index da1d8e864..652a5e470 100644
--- a/docs/harfbuzz-docs.xml
+++ b/docs/harfbuzz-docs.xml
@@ -117,6 +117,7 @@
       <index id="api-index-full"><title>API Index</title><xi:include href="xml/api-index-full.xml"><xi:fallback /></xi:include></index>
       <index id="deprecated-api-index" role="deprecated"><title>Index of deprecated API</title><xi:include href="xml/api-index-deprecated.xml"><xi:fallback /></xi:include></index>
 
+      <index id="api-index-5-3-0" role="5.3.0"><title>Index of new symbols in 5.3.0</title><xi:include href="xml/api-index-5.3.0.xml"><xi:fallback /></xi:include></index>
       <index id="api-index-5-0-0" role="5.0.0"><title>Index of new symbols in 5.0.0</title><xi:include href="xml/api-index-5.0.0.xml"><xi:fallback /></xi:include></index>
       <index id="api-index-4-4-0" role="4.4.0"><title>Index of new symbols in 4.4.0</title><xi:include href="xml/api-index-4.4.0.xml"><xi:fallback /></xi:include></index>
       <index id="api-index-4-3-0" role="4.3.0"><title>Index of new symbols in 4.3.0</title><xi:include href="xml/api-index-4.3.0.xml"><xi:fallback /></xi:include></index>
diff --git a/meson.build b/meson.build
index 45db90cab..7a5c7fd58 100644
--- a/meson.build
+++ b/meson.build
@@ -1,6 +1,6 @@
 project('harfbuzz', 'c', 'cpp',
   meson_version: '>= 0.55.0',
-  version: '5.2.0',
+  version: '5.3.0',
   default_options: [
     'cpp_rtti=false',       # Just to support msvc, we are passing -fno-exceptions also anyway
     'cpp_std=c++11',
diff --git a/src/hb-face.cc b/src/hb-face.cc
index 6b9f3d9bb..78d6aa16c 100644
--- a/src/hb-face.cc
+++ b/src/hb-face.cc
@@ -813,7 +813,7 @@ hb_face_builder_add_table (hb_face_t *face, hb_tag_t tag, hb_blob_t *blob)
  * specified in the tags list will be ordered after the tables in
  * tags, ordered by the default sort ordering.
  *
- * Since: REPLACEME
+ * Since: 5.3.0
  **/
 void
 hb_face_builder_sort_tables (hb_face_t *face,
diff --git a/src/hb-ot-layout.cc b/src/hb-ot-layout.cc
index 055e1185d..dbb30076a 100644
--- a/src/hb-ot-layout.cc
+++ b/src/hb-ot-layout.cc
@@ -2408,7 +2408,7 @@ struct hb_position_single_dispatch_t :
  *
  * Return value: Adjustment value. Negative values mean the glyph will stick out of the margin.
  *
- * Since: REPLACEME
+ * Since: 5.3.0
  **/
 hb_position_t
 hb_ot_layout_lookup_get_optical_bound (hb_font_t      *font,
diff --git a/src/hb-version.h b/src/hb-version.h
index fa7403cae..dc6933ec3 100644
--- a/src/hb-version.h
+++ b/src/hb-version.h
@@ -47,7 +47,7 @@ HB_BEGIN_DECLS
  *
  * The minor component of the library version available at compile-time.
  */
-#define HB_VERSION_MINOR 2
+#define HB_VERSION_MINOR 3
 /**
  * HB_VERSION_MICRO:
  *
@@ -60,7 +60,7 @@ HB_BEGIN_DECLS
  *
  * A string literal containing the library version available at compile-time.
  */
-#define HB_VERSION_STRING "5.2.0"
+#define HB_VERSION_STRING "5.3.0"
 
 /**
  * HB_VERSION_ATLEAST: