diff --git a/Makefile b/Makefile
index b17dcf4..9282884 100644
--- a/Makefile
+++ b/Makefile
@@ -1,4 +1,4 @@
-VERSION = git-20141024
+VERSION = 1.3
 
 PREFIX    = /usr/local
 MANPREFIX = $(PREFIX)/share/man
diff --git a/README.md b/README.md
index b282f33..2acf33d 100644
--- a/README.md
+++ b/README.md
@@ -162,6 +162,13 @@ on GitHub or get a copy using git with the following command:
 
 **Stable releases**
 
+**[v1.3](https://github.com/muennich/sxiv/archive/v1.3.tar.gz)**
+*(October 24, 2014)*
+
+  * Extract thumbnails from EXIF tags (requires libexif)
+  * Zoomable thumbnails, supported sizes defined in config.h
+  * Fixed build error with giflib version >= 5.1.0
+
 **[v1.2](https://github.com/muennich/sxiv/archive/v1.2.tar.gz)**
 *(April 24, 2014)*