diff --git a/CHANGELOG.md b/CHANGELOG.md
index f61ca1b37..cc753e8cd 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,8 @@
+# 5.17.3
+  - Changes from 5.17.2:
+    - Bugfixes:
+      - FIXED: Increased probability of returning alternatives and quality of the ones returned for MLD. [#5048](https://github.com/Project-OSRM/osrm-backend/issues/5048)
+
 # 5.17.2
   - Changes from 5.17.0:
     - Bugfixes:
diff --git a/package.json b/package.json
index e86c7b36c..28acff87e 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "osrm",
-  "version": "5.17.2",
+  "version": "5.17.3",
   "private": false,
   "description": "The Open Source Routing Machine is a high performance routing engine written in C++14 designed to run on OpenStreetMap data.",
   "dependencies": {