diff --git a/CHANGELOG.md b/CHANGELOG.md
index e5d3d01..3a19b0c 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,4 +1,9 @@
-### v1.3.0 (2017-04-08):
+### v1.3.1 (2017-05-09):
+
+Fixes React peer dependencies to specify versions that work with
+`prop-types`. (Thanks, @MichaelDeBoey!)
+
+### v1.3.0 (2017-05-08):
 
 Removes warnings from React 15.5 for React 16.0 compatibility.
 
diff --git a/README.md b/README.md
index 94639c5..3e88d7d 100644
--- a/README.md
+++ b/README.md
@@ -8,10 +8,10 @@ details about why and how we built this.
 
 See the [live demo](http://twitter-fabric.github.io/velocity-react/).
 
-**Latest version:** v1.3.0 removes warnings when run under React 15.5.
+**Latest version:** v1.3.1 fixes React peer dependency versions for the React 15.5–compatible libs.
 
 *Note: v1.1.0 and later require React 0.14.*
-*Note: v1.3.1 and later require React 0.14.9 or 15.3.*
+*Note: v1.3.0 and later require React 0.14.9 or 15.3.*
 
 ## Running the demo
 
diff --git a/package.json b/package.json
index 362cb4a..daeeb20 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "velocity-react",
-  "version": "1.3.0",
+  "version": "1.3.1",
   "description": "React components to wrap Velocity animations",
   "main": "index.js",
   "scripts": {