diff --git a/CHANGES.md b/CHANGES.md
index 769ec7ad1f..262ee31391 100644
--- a/CHANGES.md
+++ b/CHANGES.md
@@ -1,12 +1,27 @@
 # Release Notes
 
 ## Known issues
-- Many decoders will panic on malicous input. In most cases, this is caused by
-  not enforcing memory limits, though other panics have been seen from fuzzing.
+- Many decoders will panic on malicious input.
 - The color space information of pixels is not clearly communicated.
 
 ## Changes
 
+### Version 0.25.3
+
+Features:
+ - Much faster decoding of lossless WebP due to a variety of optimizations. Our benchmarks show 2x to 2.5x improvement.
+ - Added support for orientation metadata, so that e.g. smartphone camera images could be displayed correctly:
+   - Added `ImageDecoder::orientation()` and implemented orientation metadata extraction for JPEG, WebP and TIFF formats
+   - Added `DynamicImage::apply_orientation()` to apply the orientation to an image
+ - Added support for extracting Exif metadata from images via `ImageDecoder::exif_metadata()`, and implemented it for JPEG and WebP formats
+ - Added `ImageEncoder::set_icc_profile()` and implemented it for WebP format. Pull requests with implementations for other formats are welcome.
+ - Added `DynamicImage::fast_blur()` for a linear-time approximation of Gaussian blur, which is much faster at larger blur radii
+
+Bug fixes:
+ - Fixed some APNG images being decoded incorrectly
+ - Fixed the iterator over animated WebP frames to return `None` instead of an error when the end of the animation is reached
+ - Toggling the `rayon` feature now correctly toggles the use of `rayon` within `ravif` (AVIF encoder). Previously it would be either always on or always off, depending on the `ravif` version.
+
 ### Version 0.25.2
 
 Features:
diff --git a/Cargo.toml b/Cargo.toml
index c540d148f9..497d7d5c62 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "image"
-version = "0.25.2"
+version = "0.25.3"
 edition = "2021"
 resolver = "2"