diff --git a/NEWS b/NEWS
index 3bc88855e..f73b4b8f0 100644
--- a/NEWS
+++ b/NEWS
@@ -1,4 +1,4 @@
-1.1.3.dev0
+1.1.3
 
  * #14: Support for running multiple config files in /etc/borgmatic.d/ from a single borgmatic run.
  * Fix for generate-borgmatic-config writing config with invalid one_file_system value.
diff --git a/setup.py b/setup.py
index 143736bcc..7831a3ec8 100644
--- a/setup.py
+++ b/setup.py
@@ -1,7 +1,7 @@
 from setuptools import setup, find_packages
 
 
-VERSION = '1.1.3.dev0'
+VERSION = '1.1.3'
 
 
 setup(