diff --git a/NEWS b/NEWS
index f409f5113..5fdbbe51a 100644
--- a/NEWS
+++ b/NEWS
@@ -1,4 +1,4 @@
-libgphoto2 2.5.32.1 development
+libgphoto2 2.5.33 release
 
 serial:
 * added caching
diff --git a/configure.ac b/configure.ac
index c467bc643..705af3f75 100644
--- a/configure.ac
+++ b/configure.ac
@@ -4,10 +4,10 @@ AC_PREREQ([2.69])
 dnl NOTE: Be version style _higher_ than the last release.
 dnl       So lastversion.X.trunk for instance. Bump X if necessary.
 
-dnl ******* THE NEXT RELEASE VERSION MUST BE 2.5.33 at least or higher!
+dnl ******* THE NEXT RELEASE VERSION MUST BE 2.5.33.1 at least or higher!
 dnl ******* also update meson.build!
 AC_INIT([libgphoto2 photo camera library],
-        [2.5.32.1],
+        [2.5.33],
         [gphoto-devel@lists.sourceforge.net],
         [libgphoto2])
 
diff --git a/meson.build b/meson.build
index ab32709da..94365f80a 100644
--- a/meson.build
+++ b/meson.build
@@ -1,5 +1,5 @@
 project('libgphoto2', 'c',
-  version : '2.5.32.1',
+  version : '2.5.33',
   meson_version : '>= 1.4.0',
   default_options : [
     'buildtype=debugoptimized',