diff --git a/NEWS b/NEWS
index ea2efb539..bcf451641 100644
--- a/NEWS
+++ b/NEWS
@@ -1,3 +1,7 @@
+5.2.1 (2018-01-25):
+
+* Bugfix: Fix copying files on Windows. (#2532)
+
 5.2.0 (2018-01-23):
 
 * Security: Remove the automatic loading of URI adapters. Some of these
diff --git a/lib/paperclip/version.rb b/lib/paperclip/version.rb
index 4cf817b4b..3444bd391 100644
--- a/lib/paperclip/version.rb
+++ b/lib/paperclip/version.rb
@@ -1,5 +1,5 @@
 module Paperclip
   unless defined?(Paperclip::VERSION)
-    VERSION = "5.2.0".freeze
+    VERSION = "5.2.1".freeze
   end
 end