diff --git a/CHANGELOG.md b/CHANGELOG.md
index 14751727af..e451dd1a03 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,9 @@
 # Svelte changelog
 
+## 1.33.0
+
+* Replace `{{yield}}` with `<slot>` — adds fallback content named slots, and `options.slots` ([#763](https://github.com/sveltejs/svelte/issues/763))
+
 ## 1.32.0
 
 * Allow `anchor` initialisation option, alongside `target` ([#784](https://github.com/sveltejs/svelte/issues/784))
diff --git a/package.json b/package.json
index da9dea1938..efc018727a 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "svelte",
-  "version": "1.32.0",
+  "version": "1.33.0",
   "description": "The magical disappearing UI framework",
   "main": "compiler/svelte.js",
   "files": [