diff --git a/RELEASENOTES.md b/RELEASENOTES.md
index 0b8a5ffc15..41c5d21f75 100644
--- a/RELEASENOTES.md
+++ b/RELEASENOTES.md
@@ -118,6 +118,7 @@
 *   Effect:
 *   Muxers:
 *   IMA extension:
+    *   Bump IMA SDK version to 3.30.3.
 *   Session:
     *   Add custom layout to the state of the controller and provide a getter to
         access it. When the custom layout changes,
diff --git a/libraries/exoplayer_ima/build.gradle b/libraries/exoplayer_ima/build.gradle
index a4ecd60dd4..098f1363ba 100644
--- a/libraries/exoplayer_ima/build.gradle
+++ b/libraries/exoplayer_ima/build.gradle
@@ -28,7 +28,7 @@ android {
 }
 
 dependencies {
-    api 'com.google.ads.interactivemedia.v3:interactivemedia:3.29.0'
+    api 'com.google.ads.interactivemedia.v3:interactivemedia:3.30.3'
     implementation project(modulePrefix + 'lib-exoplayer')
     implementation 'androidx.annotation:annotation:' + androidxAnnotationVersion
     compileOnly 'com.google.errorprone:error_prone_annotations:' + errorProneVersion