diff --git a/kolourpaint-16.12.2.tar.xz b/kolourpaint-16.12.2.tar.xz
deleted file mode 100644
index ccacbb2..0000000
--- a/kolourpaint-16.12.2.tar.xz
+++ /dev/null
@@ -1,3 +0,0 @@
-version https://git-lfs.github.com/spec/v1
-oid sha256:d26e7ecc37d24bac174fd3ca1011c498a9b4f13855e112be7a171917968e35c2
-size 879252
diff --git a/kolourpaint-16.12.3.tar.xz b/kolourpaint-16.12.3.tar.xz
new file mode 100644
index 0000000..63a2bf8
--- /dev/null
+++ b/kolourpaint-16.12.3.tar.xz
@@ -0,0 +1,3 @@
+version https://git-lfs.github.com/spec/v1
+oid sha256:ebb3dde7bbcdc289083a873169cb08e013fc02517e8914cf7a0ceebf96ede3f9
+size 879332
diff --git a/kolourpaint.changes b/kolourpaint.changes
index f847b8c..27ef786 100644
--- a/kolourpaint.changes
+++ b/kolourpaint.changes
@@ -1,3 +1,13 @@
+-------------------------------------------------------------------
+Thu Mar  9 12:39:54 CET 2017 - lbeltrame@kde.org
+
+- Update to 16.12.3
+  * New bugfix release
+  * For more details please see:
+  * https://www.kde.org/announcements/announce-applications-16.12.3.php
+- Changes since 16.12.2:
+  * None
+
 -------------------------------------------------------------------
 Thu Feb  9 07:03:31 UTC 2017 - lbeltrame@kde.org
 
diff --git a/kolourpaint.spec b/kolourpaint.spec
index d7e4d62..ced0df2 100644
--- a/kolourpaint.spec
+++ b/kolourpaint.spec
@@ -17,10 +17,10 @@
 
 
 Name:           kolourpaint
-Version:        16.12.2
+Version:        16.12.3
 Release:        0
 %define kf5_version 5.26.0
-# Latest stable Applications (e.g. 16.08 in KA, but 16.12.2 in KUA)
+# Latest stable Applications (e.g. 16.08 in KA, but 16.12.3 in KUA)
 %{!?_kapp_version: %global _kapp_version %(echo %{version}| awk -F. '{print $1"."$2}')}
 # See bnc#717722 for license details
 Summary:        Paint Program