diff --git a/.ottdrev-vc b/.ottdrev-vc
index 56b1d7e64e..e3a63fd547 100644
--- a/.ottdrev-vc
+++ b/.ottdrev-vc
@@ -1,2 +1,2 @@
-jgrpp-0.40.2	20210216	0	310bb876a2d96c8cad5bbb2a7fa55242998758bc	1	1	2021
-174fdc6a18b4e35961b74f74941777b154499186d120585f853099c5730c6357  -
+jgrpp-0.40.3	20210302	0	26dcd0734eb54b7962940eab8a86d37dae8f099f	1	1	2021
+959d8ef62373919d5b5b0effcf6c52c05dea85f21ff4bd108d09038b7329cd45  -
diff --git a/README.md b/README.md
index d0ac7e35f0..78488c7671 100644
--- a/README.md
+++ b/README.md
@@ -1,4 +1,4 @@
-## JGR's Patchpack version 0.40.2
+## JGR's Patchpack version 0.40.3
 
 This is a collection of patches applied to [OpenTTD](http://www.openttd.org/)
 
@@ -293,6 +293,8 @@ See the [wiki](https://github.com/JGRennison/OpenTTD-patches/wiki) for guides on
   * Add client setting for vehicle naming scheme. (added in v0.40.0).  
   * Add setting to control dates over which inflation is applied. (added in v0.40.0).  
   * Add "indifferent" mode to the town council attitude to area restructuring setting. (added in v0.40.2).  
+  * Add support for zstd savegame compression for autosaves and network joins. (added in v0.40.3).  
+  * Add setting for shading trees on slopes in viewports (default on). (added in v0.40.3).  
   * Various minor fixes, see changelog.  
   * [NewGRF specification additions](docs/newgrf-additions.html) ([online copy](https://htmlpreview.github.io/?https://github.com/JGRennison/OpenTTD-patches/blob/jgrpp/docs/newgrf-additions.html)).
   * [NML specification additions](docs/newgrf-additions-nml.html) ([online copy](https://htmlpreview.github.io/?https://github.com/JGRennison/OpenTTD-patches/blob/jgrpp/docs/newgrf-additions-nml.html)).
diff --git a/jgrpp-changelog.md b/jgrpp-changelog.md
index 94e20d4996..5e823e8534 100644
--- a/jgrpp-changelog.md
+++ b/jgrpp-changelog.md
@@ -2,6 +2,23 @@
 
 * * *
 
+### v0.40.3 (2021-03-02)
+* Fix crashes with trains with no valid orders when using the realistic braking model.
+* Fix trains with no orders no stopping at stations when using the realistic braking model.
+* Fix trains passing signals when using both the original acceleration and original braking models.
+* Fix various issues with ship collision avoidance which could result in a group of ships being routed in a circle.
+* Fix for crash when exiting whilst NewGRF scan still in progress.
+* Add support for zstd savegame compression for autosaves and network joins.
+* Add setting for shading trees on slopes in viewports (default on).
+* Improve visibility of slopes under trees in viewport map vegetation mode.
+* Improve performance of water flooding checks.
+* Improve performance of snow line checks in the arctic climate.
+* Improve performance of drawing rail catenary.
+* Fix compilation on ARM Windows with MSVC.
+* MacOS: Change bundle identifier.
+* Add Korean translations by TELK.
+* Bump trunk base from commit 069fb5425302edc93a77ca54b3665a7102747f5a to commit c656633bea39d2002330eddee54522c8db542785.
+
 ### v0.40.2 (2021-02-17)
 * Fix upgrading road bridge with opposite road/tram type producing broken bridge ramps where required road/tram pieces are missing.
 * Fix crash if AI attempts to set order flags of invalid vehicle's order and the no non-stop orders setting is enabled.