diff --git a/docker/version.py b/docker/version.py
index 060797bf..0233d237 100644
--- a/docker/version.py
+++ b/docker/version.py
@@ -1,2 +1,2 @@
-version = "3.1.3"
+version = "3.1.4"
 version_info = tuple([int(d) for d in version.split("-")[0].split(".")])
diff --git a/docs/change-log.md b/docs/change-log.md
index 27885b2a..908519fb 100644
--- a/docs/change-log.md
+++ b/docs/change-log.md
@@ -1,6 +1,15 @@
 Change log
 ==========
 
+3.1.4
+-----
+
+[List of PRs / issues for this release](https://github.com/docker/docker-py/milestone/48?closed=1)
+
+
+* Fixed a bug where build contexts containing directory symlinks would produce
+  invalid tar archives
+
 3.1.3
 -----