diff --git a/CHANGELOG.md b/CHANGELOG.md
index 3ca2579a..e605ebbd 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,4 +1,6 @@
 # Level zero loader changelog
+## v1.28.3
+* Creating a sample local release
 ## v1.28.2
 * fix logging of apis in validation layer to only print successful apis given ZEL_LOADER_LOGGING_ENABLE_SUCCESS_PRINT
 ## v1.28.1
diff --git a/CMakeLists.txt b/CMakeLists.txt
index b70dc128..3cccff16 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -13,7 +13,7 @@ if(MSVC AND (MSVC_VERSION LESS 1900))
 endif()
 
 # This project follows semantic versioning (https://semver.org/)
-project(level-zero VERSION 1.28.2)
+project(level-zero VERSION 1.28.3)
 include(GNUInstallDirs)
 
 find_package(Git)
diff --git a/PRODUCT_GUID.txt b/PRODUCT_GUID.txt
index 12701109..16066baf 100644
--- a/PRODUCT_GUID.txt
+++ b/PRODUCT_GUID.txt
@@ -1,2 +1,2 @@
-1.28.2
-115378b3-db3b-44cf-8c29-eb1184210c18
\ No newline at end of file
+1.28.3
+2b417d74-4035-433d-b364-72ad8952fc3b
\ No newline at end of file