diff --git a/CHANGELOG.md b/CHANGELOG.md
index 9e65e86d6e3a..e8fac88a36e5 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,6 +1,6 @@
 # Changelog
 
-## Unreleased
+## Version 1.33.3 (2024-05-21)
 
 ### 📈 Enhancements
 
diff --git a/README.md b/README.md
index b2745e2feec2..aaf53a8afca3 100644
--- a/README.md
+++ b/README.md
@@ -61,7 +61,7 @@ If you are looking for documentation on using those.
 ## Getting Started
 
 Download
-the [latest version](https://github.com/open-telemetry/opentelemetry-java-instrumentation/releases/download/v1.33.2/opentelemetry-javaagent.jar).
+the [latest version](https://github.com/open-telemetry/opentelemetry-java-instrumentation/releases/download/v1.33.3/opentelemetry-javaagent.jar).
 
 This package includes the instrumentation agent as well as
 instrumentations for all supported libraries and all available data exporters.
diff --git a/examples/distro/build.gradle b/examples/distro/build.gradle
index 12983ff00e08..2452867981e9 100644
--- a/examples/distro/build.gradle
+++ b/examples/distro/build.gradle
@@ -14,7 +14,7 @@ buildscript {
   dependencies {
     classpath "com.diffplug.spotless:spotless-plugin-gradle:6.25.0"
     classpath "gradle.plugin.com.github.johnrengelman:shadow:8.0.0"
-    classpath "io.opentelemetry.instrumentation:gradle-plugins:1.33.2-alpha"
+    classpath "io.opentelemetry.instrumentation:gradle-plugins:1.33.3-alpha"
   }
 }
 
@@ -30,8 +30,8 @@ subprojects {
       opentelemetrySdk           : "1.38.0",
 
       // these lines are managed by .github/scripts/update-version.sh
-      opentelemetryJavaagent     : "1.33.2",
-      opentelemetryJavaagentAlpha: "1.33.2-alpha",
+      opentelemetryJavaagent     : "1.33.3",
+      opentelemetryJavaagentAlpha: "1.33.3-alpha",
 
       autoservice                : "1.1.1",
       junit                      : "5.10.2"
diff --git a/examples/extension/build.gradle b/examples/extension/build.gradle
index 93b186b312c5..e295b0bb3a6c 100644
--- a/examples/extension/build.gradle
+++ b/examples/extension/build.gradle
@@ -13,8 +13,8 @@ plugins {
   id "com.github.johnrengelman.shadow" version "8.1.1"
   id "com.diffplug.spotless" version "6.25.0"
 
-  id "io.opentelemetry.instrumentation.muzzle-generation" version "1.33.2-alpha"
-  id "io.opentelemetry.instrumentation.muzzle-check" version "1.33.2-alpha"
+  id "io.opentelemetry.instrumentation.muzzle-generation" version "1.33.3-alpha"
+  id "io.opentelemetry.instrumentation.muzzle-check" version "1.33.3-alpha"
 }
 
 group 'io.opentelemetry.example'
@@ -26,8 +26,8 @@ ext {
     opentelemetrySdk           : "1.38.0",
 
     // these lines are managed by .github/scripts/update-version.sh
-    opentelemetryJavaagent     : "1.33.2",
-    opentelemetryJavaagentAlpha: "1.33.2-alpha",
+    opentelemetryJavaagent     : "1.33.3",
+    opentelemetryJavaagentAlpha: "1.33.3-alpha",
 
     junit                      : "5.10.2"
   ]
diff --git a/version.gradle.kts b/version.gradle.kts
index 206365940023..e8611efa3366 100644
--- a/version.gradle.kts
+++ b/version.gradle.kts
@@ -1,5 +1,5 @@
-val stableVersion = "1.33.2"
-val alphaVersion = "1.33.2-alpha"
+val stableVersion = "1.33.3"
+val alphaVersion = "1.33.3-alpha"
 
 allprojects {
   if (findProperty("otel.stable") != "true") {