diff --git a/README.md b/README.md
index fa20af4d0..f3a8a92bc 100644
--- a/README.md
+++ b/README.md
@@ -35,7 +35,7 @@ In a near-future release, it will be easy to install Dapps and use them through
 If you run into an issue while using parity, feel free to file one in this repository
 or hop on our [gitter chat room][gitter-url] to ask a question. We are glad to help!
 
-Parity's current release is 1.2. You can download it at https://ethcore.io/parity.html or follow the instructions
+Parity's current release is 1.3. You can download it at https://ethcore.io/parity.html or follow the instructions
 below to build from source.
 
 ----