diff --git a/NEWS b/NEWS
index a2a0bd9..f0102cf 100644
--- a/NEWS
+++ b/NEWS
@@ -1,6 +1,13 @@
 Changes from previous version of pkgconf
 ========================================
 
+Changes from 1.5.3 to 1.5.4:
+----------------------------
+
+* Bug fixes:
+  - fix build on Windows with Meson
+  - fix edge cases for path canonicalization (especially on Windows)
+
 Changes from 1.5.2 to 1.5.3:
 ----------------------------
 
diff --git a/configure.ac b/configure.ac
index e711562..5dbe656 100644
--- a/configure.ac
+++ b/configure.ac
@@ -12,7 +12,7 @@ dnl implied.  In no event shall the authors be liable for any damages arising
 dnl from the use of this software.
 
 AC_PREREQ([2.68])
-AC_INIT([pkgconf], [1.5.3], [http://github.com/pkgconf/pkgconf/issues])
+AC_INIT([pkgconf], [1.5.4], [http://github.com/pkgconf/pkgconf/issues])
 AC_CONFIG_SRCDIR([cli/main.c])
 AC_CONFIG_MACRO_DIRS([m4])
 AX_CHECK_COMPILE_FLAG([-Wall], [CFLAGS="$CFLAGS -Wall"])