diff --git a/CHANGELOG.md b/CHANGELOG.md
index 75817110..86e5049e 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,7 @@
+0.16.3
+======
+- autoupdate attempts to maintain config formatting.
+
 0.16.2
 ======
 - Initialize submodules in hook repositories.
diff --git a/setup.py b/setup.py
index 3052abd1..1bb2651f 100644
--- a/setup.py
+++ b/setup.py
@@ -9,7 +9,7 @@ setup(
         'hooks.'
     ),
     url='https://github.com/pre-commit/pre-commit',
-    version='0.16.2',
+    version='0.16.3',
 
     author='Anthony Sottile',
     author_email='asottile@umich.edu',