diff --git a/RELEASENOTES.md b/RELEASENOTES.md
index 54aa286c8b..41a12d159d 100644
--- a/RELEASENOTES.md
+++ b/RELEASENOTES.md
@@ -56,6 +56,8 @@ Release notes
         instead.
 *   Cast extension
     *   Bump Cast SDK version to 21.2.0.
+*   IMA extension
+    *   Bump IMA SDK version to 3.29.0.
 
 ### 1.0.0-beta03 (2022-11-22)
 
diff --git a/libraries/exoplayer_ima/build.gradle b/libraries/exoplayer_ima/build.gradle
index cc8d1ef0e7..446fe90a29 100644
--- a/libraries/exoplayer_ima/build.gradle
+++ b/libraries/exoplayer_ima/build.gradle
@@ -25,7 +25,7 @@ android {
 }
 
 dependencies {
-    api 'com.google.ads.interactivemedia.v3:interactivemedia:3.28.1'
+    api 'com.google.ads.interactivemedia.v3:interactivemedia:3.29.0'
     implementation project(modulePrefix + 'lib-exoplayer')
     implementation 'androidx.annotation:annotation:' + androidxAnnotationVersion
     compileOnly 'com.google.errorprone:error_prone_annotations:' + errorProneVersion