diff --git a/CHANGELOG.md b/CHANGELOG.md
index 6bbbd014d..0286280b1 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,17 @@
 
 All notable changes to this project are documented in this file.
 
+## 0.7.3
+
+**Release date:** 2021-02-01
+
+This prerelease comes support for running the
+Kustomization validation using service account impersonation.
+
+Improvements:
+* Support impersonation for validation
+  [#260](https://github.com/fluxcd/kustomize-controller/pull/260)
+
 ## 0.7.2
 
 **Release date:** 2021-01-26
diff --git a/config/manager/kustomization.yaml b/config/manager/kustomization.yaml
index 8bb6dce01..f2d5aaee7 100644
--- a/config/manager/kustomization.yaml
+++ b/config/manager/kustomization.yaml
@@ -5,4 +5,4 @@ resources:
 images:
   - name: fluxcd/kustomize-controller
     newName: fluxcd/kustomize-controller
-    newTag: v0.7.2
+    newTag: v0.7.3
diff --git a/go.mod b/go.mod
index edd7ee200..61118e634 100644
--- a/go.mod
+++ b/go.mod
@@ -6,7 +6,7 @@ replace github.com/fluxcd/kustomize-controller/api => ./api
 
 require (
 	github.com/cyphar/filepath-securejoin v0.2.2
-	github.com/fluxcd/kustomize-controller/api v0.7.2
+	github.com/fluxcd/kustomize-controller/api v0.7.3
 	github.com/fluxcd/pkg/apis/meta v0.7.0
 	github.com/fluxcd/pkg/runtime v0.8.0
 	github.com/fluxcd/pkg/testserver v0.0.2