diff --git a/CHANGELOG.md b/CHANGELOG.md
index 5434866c2..0d9e84088 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,27 @@
 # CHANGELOG
 
+## Version 3.0.0, 2022-12-22
+
+### BREAKING CHANGES ⚠️
+-  Deprecate features with PyPDF2==3.0.0 (#1489)
+-  Refactor Fit / Zoom parameters (#1437)
+
+### New Features (ENH)
+-  Add Cloning  (#1371)
+-  Allow int for indirect_reference in PdfWriter.get_object (#1490)
+
+### Documentation (DOC)
+-  How to read PDFs from S3 (#1509)
+-  Make MyST parse all links as simple hyperlinks (#1506)
+-  Changed 'latest' for 'stable' generated docs (#1495)
+-  Adjust deprecation procedure (#1487)
+
+### Maintenance (MAINT)
+-  Use typing.IO for file streams (#1498)
+
+
+[Full Changelog](https://github.com/py-pdf/PyPDF2/compare/2.12.1...3.0.0)
+
 ## Version 2.12.1, 2022-12-10
 
 ### Documentation (DOC)
diff --git a/PyPDF2/_version.py b/PyPDF2/_version.py
index 96fc614cb..528787cfc 100644
--- a/PyPDF2/_version.py
+++ b/PyPDF2/_version.py
@@ -1 +1 @@
-__version__ = "2.12.1"
+__version__ = "3.0.0"
diff --git a/README.md b/README.md
index 1c9d9f00b..f6f8673ae 100644
--- a/README.md
+++ b/README.md
@@ -6,6 +6,10 @@
 
 # PyPDF2
 
+> **NOTE**: The PyPDF2 project is going back to its roots. PyPDF2==3.0.X will be
+> the last version of PyPDF2. Patches for this version will still be applied, but
+> development will continue with [`pypdf==3.0.0`](https://pypi.org/project/pyPdf/).
+
 PyPDF2 is a free and open-source pure-python PDF library capable of splitting,
 [merging](https://pypdf2.readthedocs.io/en/stable/user/merging-pdfs.html),
 [cropping, and transforming](https://pypdf2.readthedocs.io/en/stable/user/cropping-and-transforming.html)