diff --git a/CHANGELOG.md b/CHANGELOG.md
index 17f4c954b8..4a3473914a 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,10 @@
+## [12.3.2](https://github.com/streamich/react-use/compare/v12.3.1...v12.3.2) (2019-10-12)
+
+
+### Bug Fixes
+
+* improve use of refs in dependency lists ([#655](https://github.com/streamich/react-use/issues/655)) ([ed8e26d](https://github.com/streamich/react-use/commit/ed8e26d))
+
 ## [12.3.1](https://github.com/streamich/react-use/compare/v12.3.0...v12.3.1) (2019-10-10)
 
 
diff --git a/package.json b/package.json
index 5479716430..043fdb10f4 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "react-use",
-  "version": "12.3.1",
+  "version": "12.3.2",
   "description": "Collection of React Hooks",
   "main": "lib/index.js",
   "module": "esm/index.js",