diff --git a/RELEASE_NOTES.md b/RELEASE_NOTES.md
index fc787f8..54ac52b 100644
--- a/RELEASE_NOTES.md
+++ b/RELEASE_NOTES.md
@@ -1,5 +1,14 @@
-Release Notes
-=============
+# Release Notes
+
+## Version 0.5.3
+
+- Schedule sync Interest when receiving a NACK with reason `NoRoute` (Issue #5012)
+
+- Use properly seeded pseudorandom number generator from ndn-cxx
+
+- Fix compilation against the latest version of ndn-cxx
+
+- Upgrade `waf` to version 2.0.14 and other build system improvements
 
 ## Version 0.5.2
 
@@ -11,24 +20,23 @@
 
 ## Version 0.5.1
 
-- Fix forceful shutdown of `Face` when destructing `Logic` instance
-  (Issue #4525)
+- Fix forceful shutdown of `Face` when destructing `Logic` instance (Issue #4525)
 
-- Fix compilation against the latest version of ndn-cxx library
+- Fix compilation against the latest version of ndn-cxx
 
-- Upgrade `waf` to the latest version and other improvements
+- Upgrade `waf` to version 2.0.6 and other build system improvements
 
 ## Version 0.5.0
 
-- **Breaking change** Use bzip2 compression of sync Data payload (Issue #4140)
+- **Breaking change:** Use bzip2 compression of sync Data payload (Issue #4140)
 
 - Disallow Interest loopback on sync prefix (Issue #3979)
 
 - Avoid ABI differences between debug/optimized modes (Issue #4496)
 
-- Extend Socket and Logic API:
+- Extend `Socket` and `Logic` API:
 
-   - Allow customization of sync interest lifetime (Issue #4490)
+   - Allow customization of sync Interest lifetime (Issue #4490)
 
    - Limit the size of created sync Data and enable ability to
      customize the maximum packet size through environment variable
diff --git a/wscript b/wscript
index c860fc8..cdd0470 100644
--- a/wscript
+++ b/wscript
@@ -3,7 +3,7 @@
 from waflib import Context, Logs, Utils
 import os, subprocess
 
-VERSION = '0.5.2'
+VERSION = '0.5.3'
 APPNAME = 'ChronoSync'
 GIT_TAG_PREFIX = ''