diff --git a/SPECS/freetype/freetype.spec b/SPECS/freetype/freetype.spec
index 7edc5b1ea2..5b12c35b2c 100644
--- a/SPECS/freetype/freetype.spec
+++ b/SPECS/freetype/freetype.spec
@@ -1,6 +1,6 @@
 Summary:        software font engine.
 Name:           freetype
-Version:        2.12.1
+Version:        2.13.0
 Release:        1%{?dist}
 License:        BSD/GPLv2
 Vendor:         Microsoft Corporation
@@ -80,6 +80,9 @@ make -k check |& tee %{_specdir}/%{name}-check-log || %{nocheck}
 %{_bindir}/freetype-config
 
 %changelog
+* Thu May 04 2023 Rakshaa Viswanathan <rviswanathan@microsoft.com> - 2.13.0-1
+- Bump version to 2.13.0 to address CVE-2023-2004
+
 * Wed Aug 10 2022 Muhammad Falak <mwani@microsoft.com> - 2.12.1-1
 - Bump verison to address CVE-2022-27405