diff --git a/CHANGELOG.md b/CHANGELOG.md
index 8843fc12..34a1a291 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,6 +1,17 @@
 Change Log
 ==========
 
+## Version 1.3.1
+
+_2016-02-25_
+
+ * **Major performance improvements in Elements tab**
+   Several performance, correctness, and stability improvements related to
+   how Stetho performs tree diffing.
+
+ * Fix #349: Fix dumpapp scripts under various edge cases.
+ * Fix #357: Remove static fields from exported view "styles".
+
 ## Version 1.3.0
 
 _2016-01-20_
diff --git a/README.md b/README.md
index 041057ed..081fac43 100644
--- a/README.md
+++ b/README.md
@@ -15,31 +15,31 @@ begin.
 ### Download
 Download [the latest JARs](https://github.com/facebook/stetho/releases/latest) or grab via Gradle:
 ```groovy
-compile 'com.facebook.stetho:stetho:1.3.0'
+compile 'com.facebook.stetho:stetho:1.3.1'
 ```
 or Maven:
 ```xml
 <dependency>
   <groupId>com.facebook.stetho</groupId>
   <artifactId>stetho</artifactId>
-  <version>1.3.0</version>
+  <version>1.3.1</version>
 </dependency>
 ```
 
 Only the main `stetho` dependency is strictly required; however, you may also wish to use one of the network helpers:
 
 ```groovy
-compile 'com.facebook.stetho:stetho-okhttp3:1.3.0'
+compile 'com.facebook.stetho:stetho-okhttp3:1.3.1'
 ```
 or:
 ```groovy
-compile 'com.facebook.stetho:stetho-urlconnection:1.3.0'
+compile 'com.facebook.stetho:stetho-urlconnection:1.3.1'
 ```
 
 You can also enable a JavaScript console with:
 
 ```groovy
-compile 'com.facebook.stetho:stetho-js-rhino:1.3.0'
+compile 'com.facebook.stetho:stetho-js-rhino:1.3.1'
 ```
 For more details on how to customize the JavaScript runtime see [stetho-js-rhino](stetho-js-rhino/).
 
diff --git a/gradle.properties b/gradle.properties
index bf01004e..1a550900 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -1,2 +1,2 @@
-VERSION_NAME=1.3.1-SNAPSHOT
+VERSION_NAME=1.3.1
 GROUP=com.facebook.stetho
diff --git a/stetho-js-rhino/README.md b/stetho-js-rhino/README.md
index 4ae7a6d7..d10ba85d 100644
--- a/stetho-js-rhino/README.md
+++ b/stetho-js-rhino/README.md
@@ -7,14 +7,14 @@ This [Stetho](https://facebook.github.io/stetho) plugin adds a JavaScript consol
 ### Download
 Download [the latest JARs](https://github.com/facebook/stetho/releases/latest) or grab via Gradle:
 ```groovy
-compile 'com.facebook.stetho:stetho-js-rhino:1.3.0'
+compile 'com.facebook.stetho:stetho-js-rhino:1.3.1'
 ```
 or Maven:
 ```xml
 <dependency>
   <groupId>com.facebook.stetho</groupId>
   <artifactId>stetho-js-rhino</artifactId>
-  <version>1.3.0</version>
+  <version>1.3.1</version>
 </dependency>
 ```