diff --git a/CHANGELOG.md b/CHANGELOG.md
index e597b2bec..5a9554034 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,15 +1,15 @@
 # CocoaPods Core Changelog
 
-## Master
+## 0.33.0
 
 ##### Enhancements
 
-* Extracted URL validation into its own module.
+* Extracted URL validation into its own module.  
   [Boris Bügling](https://github.com/neonichu)
   [#115](https://github.com/CocoaPods/Core/issues/115)
   [#116](https://github.com/CocoaPods/Core/pull/116)
 
-* Gracefully handle unexpected source structure
+* Gracefully handle unexpected source structure.  
   [Samuel E. Giddins](https://github.com/segiddins)
   [#110](https://github.com/CocoaPods/Core/issues/110)
 
@@ -18,7 +18,7 @@
   [Joshua Kalpin][Kapin]
   [#122](https://github.com/CocoaPods/Core/pull/122)
 
-* Introduce a new spec attribute `default_subspecs`.
+* Add support for the specification of multiple `default_subspecs`.  
   [Kyle Fuller][kylef]
   [CocoaPods#2099](https://github.com/CocoaPods/CocoaPods/issues/2099)
 
diff --git a/Gemfile.lock b/Gemfile.lock
index 205569079..5ad261e9e 100644
--- a/Gemfile.lock
+++ b/Gemfile.lock
@@ -1,7 +1,7 @@
 PATH
   remote: .
   specs:
-    cocoapods-core (0.32.1)
+    cocoapods-core (0.33.0)
       activesupport (>= 3.2.15)
       fuzzy_match (~> 2.0.4)
       json_pure (~> 1.8)
diff --git a/lib/cocoapods-core/gem_version.rb b/lib/cocoapods-core/gem_version.rb
index 1f93ecf32..0fbc56cf1 100644
--- a/lib/cocoapods-core/gem_version.rb
+++ b/lib/cocoapods-core/gem_version.rb
@@ -1,5 +1,5 @@
 module Pod
   # The version of the cocoapods-core.
   #
-  CORE_VERSION = '0.32.1' unless defined? Pod::CORE_VERSION
+  CORE_VERSION = '0.33.0' unless defined? Pod::CORE_VERSION
 end