diff --git a/CHANGELOG.md b/CHANGELOG.md
index 27c46c0..94a60ee 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -9,6 +9,14 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 ---
 
+## [2.0.3] - 2023-06-29
+
+### Changed
+
+- Fix exclude options not being applied on compile time
+
+---
+
 ## [2.0.2] - 2023-06-21
 
 ### Added
@@ -187,7 +195,9 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 - Initial release
 
 
-[Unreleased]: https://github.com/primait/prima_opentelemetry_ex/compare/2.0.2...HEAD
+
+[Unreleased]: https://github.com/primait/prima_opentelemetry_ex/compare/2.0.3...HEAD
+[2.0.3]: https://github.com/primait/prima_opentelemetry_ex/compare/2.0.2...2.0.3
 [2.0.2]: https://github.com/primait/prima_opentelemetry_ex/compare/2.0.1...2.0.2
 [2.0.1]: https://github.com/primait/prima_opentelemetry_ex/compare/2.0.0...2.0.1
 [2.0.0]: https://github.com/primait/prima_opentelemetry_ex/compare/1.1.3...2.0.0
diff --git a/mix.exs b/mix.exs
index 1bac75e..e7fd776 100644
--- a/mix.exs
+++ b/mix.exs
@@ -2,7 +2,7 @@ defmodule PrimaOpentelemetryEx.MixProject do
   use Mix.Project
 
   @source_url "https://github.com/primait/prima_opentelemetry_ex"
-  @version "2.0.2"
+  @version "2.0.3"
 
   def project do
     [