diff --git a/NEWS.md b/NEWS.md
index c816e34c5..0ed00609a 100644
--- a/NEWS.md
+++ b/NEWS.md
@@ -1,3 +1,5 @@
+# WRF-Hydro v5.0.3
+
 ## Bug fixes
 - Gridded routing lake inflows were not preserved in restarts, therefore solution to the level-pool scheme on intial timestep after model restart had slightly different initial conditions. This was fixed by preserving last timestep lake inflows in the restart files.
 - The lake level-pool scheme had a number of internal bugs fixed, which should improve lake level and outflow behavior.
diff --git a/trunk/NDHMS/.version b/trunk/NDHMS/.version
index 872033a8c..5f81b6abf 100644
--- a/trunk/NDHMS/.version
+++ b/trunk/NDHMS/.version
@@ -1 +1 @@
-v5.0.2
\ No newline at end of file
+v5.0.3