diff --git a/CHANGELOG b/CHANGELOG
index 64d48e193..99e10760d 100644
--- a/CHANGELOG
+++ b/CHANGELOG
@@ -1,4 +1,4 @@
-Changes between 2.0.2 and 2.0.3.dev
+Changes between 2.0.2 and 2.0.3
 ----------------------------------------------
 
 - fix issue38: nicer tracebacks on calls to hooks, particularly early
diff --git a/doc/announce/index.txt b/doc/announce/index.txt
index 82e58e467..0bf497d25 100644
--- a/doc/announce/index.txt
+++ b/doc/announce/index.txt
@@ -5,6 +5,7 @@ Release announcements
 .. toctree::
    :maxdepth: 2
 
+   release-2.0.3
    release-2.0.2
    release-2.0.1
    release-2.0.0
diff --git a/doc/announce/release-2.0.3.txt b/doc/announce/release-2.0.3.txt
new file mode 100644
index 000000000..ed746e851
--- /dev/null
+++ b/doc/announce/release-2.0.3.txt
@@ -0,0 +1,40 @@
+py.test 2.0.3: bug fixes and speed ups 
+===========================================================================
+
+Welcome to pytest-2.0.3, a maintenance and bug fix release of pytest,
+a mature testing tool for Python, supporting CPython 2.4-3.2, Jython
+and latest PyPy interpreters.  See the extensive docs with tested examples here:
+
+    http://pytest.org/
+
+If you want to install or upgrade pytest, just type one of::
+
+    pip install -U pytest # or
+    easy_install -U pytest
+
+There also is a bugfix release 1.6 of pytest-xdist, the plugin
+that enables seemless distributed and "looponfail" testing for Python.
+
+best,
+holger krekel
+
+Changes between 2.0.2 and 2.0.3
+----------------------------------------------
+
+- fix issue38: nicer tracebacks on calls to hooks, particularly early
+  configure/sessionstart ones
+
+- fix missing skip reason/meta information in junitxml files, reported
+  via http://lists.idyll.org/pipermail/testing-in-python/2011-March/003928.html
+
+- fix issue34: avoid collection failure with "test" prefixed classes
+  deriving from object.
+
+- don't require zlib (and other libs) for genscript plugin without
+  --genscript actually being used.
+
+- speed up skips (by not doing a full traceback represenation
+  internally)
+
+- fix issue37: avoid invalid characters in junitxml's output
+