diff --git a/RELEASE.rst b/RELEASE.rst
index 1f4ac808e..32cd4dc62 100644
--- a/RELEASE.rst
+++ b/RELEASE.rst
@@ -1,6 +1,15 @@
 Release Notes
 =============
 
+Version 1.123.3
+---------------
+
+- Update dependency cross-env to v6 (#1467)
+- Fix PR Build Failures Due to Hugo Version Mismatch (#1495)
+- Improve accessibility for external links by adding aria-label (#1494)
+- Update actions/checkout digest to 11bd719 (#1480)
+- Pin dependencies (#1393)
+
 Version 1.123.2 (Released January 27, 2025)
 ---------------
 
diff --git a/package.json b/package.json
index 794c2d051..f9f67c9fc 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "ocw-hugo-themes",
-  "version": "1.123.2",
+  "version": "1.123.3",
   "description": "A Hugo theme for building OCW websites",
   "repository": "mitodl/ocw-hugo-themes",
   "main": "base-theme/assets/index.js",