diff --git a/CHANGELOG.md b/CHANGELOG.md
index b3bf732..46709e4 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,4 +1,7 @@
 ## [Unreleased]
+No notable changes.
+
+## [0.3.0] - 2022-05-13
 ### Added
 - More helper methods ([#11](https://github.com/cerbos/cerbos-sdk-ruby/pull/11))
   - `Cerbos::Client#allow?` for checking a single action on a resource
@@ -12,6 +15,7 @@
 ### Added
 - Initial implementation of `Cerbos::Client` ([#2](https://github.com/cerbos/cerbos-sdk-ruby/pull/2))
 
-[Unreleased]: https://github.com/cerbos/cerbos-sdk-ruby/compare/v0.2.0...HEAD
+[Unreleased]: https://github.com/cerbos/cerbos-sdk-ruby/compare/v0.3.0...HEAD
+[0.3.0]: https://github.com/cerbos/cerbos-sdk-ruby/compare/v0.2.0...v0.3.0
 [0.2.0]: https://github.com/cerbos/cerbos-sdk-ruby/compare/v0.1.0...v0.2.0
 [0.1.0]: https://github.com/cerbos/cerbos-sdk-ruby/compare/4481009e9dec2e1e6a2df8ea2f828690ceabbefc...v0.1.0
diff --git a/Gemfile.lock b/Gemfile.lock
index 2f2c509..1f7d59c 100644
--- a/Gemfile.lock
+++ b/Gemfile.lock
@@ -1,7 +1,7 @@
 PATH
   remote: .
   specs:
-    cerbos (0.3.0.pre.dev)
+    cerbos (0.3.0)
       grpc (~> 1.46)
 
 GEM
diff --git a/lib/cerbos/version.rb b/lib/cerbos/version.rb
index a8bcc18..d1b7002 100644
--- a/lib/cerbos/version.rb
+++ b/lib/cerbos/version.rb
@@ -2,5 +2,5 @@
 
 module Cerbos
   # Current version of the `cerbos` gem.
-  VERSION = "0.3.0-dev"
+  VERSION = "0.3.0"
 end