diff --git a/.bumpversion.cfg b/.bumpversion.cfg
index 6c082474d9..5648405125 100644
--- a/.bumpversion.cfg
+++ b/.bumpversion.cfg
@@ -1,5 +1,5 @@
 [bumpversion]
-current_version = 71.0.2
+current_version = 71.0.3
 commit = True
 tag = True
 
diff --git a/NEWS.rst b/NEWS.rst
index cd8adc74a1..6c72073293 100644
--- a/NEWS.rst
+++ b/NEWS.rst
@@ -1,3 +1,12 @@
+v71.0.3
+=======
+
+Bugfixes
+--------
+
+- Reset the backports module when enabling vendored packages. (#4476)
+
+
 v71.0.2
 =======
 
diff --git a/newsfragments/4476.bugfix.rst b/newsfragments/4476.bugfix.rst
deleted file mode 100644
index 96122578c8..0000000000
--- a/newsfragments/4476.bugfix.rst
+++ /dev/null
@@ -1 +0,0 @@
-Reset the backports module when enabling vendored packages.
\ No newline at end of file
diff --git a/pyproject.toml b/pyproject.toml
index c814f09b42..6e93ec1fb5 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -5,7 +5,7 @@ backend-path = ["."]
 
 [project]
 name = "setuptools"
-version = "71.0.2"
+version = "71.0.3"
 authors = [
 	{ name = "Python Packaging Authority", email = "distutils-sig@python.org" },
 ]