diff --git a/CHANGELOG.md b/CHANGELOG.md
index d6b15bf5f..f2b0f8c35 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -6,6 +6,7 @@ See VERSIONING (https://github.com/openMF/mifosx/blob/master/VERSIONING.md) for
 Releases
 ===============
 
+1. 22 May 2013 - 1.1.3.RELEASE
 1. 19 May 2013 - 1.1.2.RELEASE
 1. 12 May 2013 - 1.1.1.RELEASE
 1. 09 May 2013 - 1.1.0.RELEASE
@@ -19,6 +20,23 @@ Releases
 1. 05 April 2013 - 0.11.1.beta
 1. 05 April 2013 - 0.11.0.beta
 
+1.1.3.RELEASE
+=============
+Bug Release
+
+Bug
+ - [MIFOSX-367] - Not able to figure out the loan details, if proper Account no. is entered in Search text field
+ - [MIFOSX-368] - To add a new client of client type "corporate" error message is showing "First name is mandatory" and Last name is mandatory" than Full name or Business name.
+ - [MIFOSX-369] - Client is getting activated before the date of opening of the related office.
+ - [MIFOSX-379] - For applying "New Loan Application", if loan product currency is in US Dollars the charges applied is in Indian Rupees also, it is accepting.
+ - [MIFOSX-380] - Smart search on Gaurantors is broken after change of clients api to paginated response
+
+Improvement
+
+  - [MIFOSX-359] - Edit functionality for "Code Values" not intuitive (and inconsistent with rest of the User Interface)
+  - [MIFOSX-360] - Inconsistent verbiage for "Cancel" button in "Add/Edit Code Value: " page
+  - [MIFOSX-363] - Background is broken in the middle of the table in "Client Loans Listing" page
+ 
 1.1.2.RELEASE
 =============
 Bug Release
diff --git a/README.md b/README.md
index 395829e13..cab5f0486 100644
--- a/README.md
+++ b/README.md
@@ -26,7 +26,7 @@ The mifos-platform (project named 'Mifos X') has reached <b>public release versi
 
 That means there is a published and stable API. This API is documented in the api-docs under <b>Full API Matrix</b>.
 
-Latest stable release: <a target="_blank" href="https://github.com/openMF/mifosx/tree/mifosplatform-1.1.2" title="mifosplatform-1.1.2">mifosplatform-1.1.2</a>
+Latest stable release: <a target="_blank" href="https://github.com/openMF/mifosx/tree/mifosplatform-1.1.3" title="mifosplatform-1.1.3">mifosplatform-1.1.3</a>
 
 License
 =============
diff --git a/api-docs/apiLive.htm b/api-docs/apiLive.htm
index 1b90c3b0c..1b8ca4f21 100644
--- a/api-docs/apiLive.htm
+++ b/api-docs/apiLive.htm
@@ -90,7 +90,7 @@
 <body>
 	<div id="page-wrapper">
 		<div id="flybar">
-			<div id="nav-logo">1.1.2.RELEASE API</div>
+			<div id="nav-logo">1.1.3.RELEASE API</div>
 			<div class="flybar-nav">
 				<h2 class="flybar-button">Overview</h2>
 				<div class="flybar-menu-overview">
diff --git a/mifosng-provider/gradle.properties b/mifosng-provider/gradle.properties
index b7f5d2259..d76fca035 100644
--- a/mifosng-provider/gradle.properties
+++ b/mifosng-provider/gradle.properties
@@ -1 +1 @@
-releaseVersion=1.2.0.RELEASE
\ No newline at end of file
+releaseVersion=1.2.0.RELEASE