diff --git a/packages/cache/RELEASES.md b/packages/cache/RELEASES.md
index 76bec600..424b7688 100644
--- a/packages/cache/RELEASES.md
+++ b/packages/cache/RELEASES.md
@@ -117,4 +117,7 @@
 - Fix to prevent from setting MYSYS environement variable globally [#1329](https://github.com/actions/toolkit/pull/1329).
 
 ### 3.1.4
-- Fix zstd not being used due to `zstd --version` output change in zstd 1.5.4 release. See [#1353](https://github.com/actions/toolkit/pull/1353).
\ No newline at end of file
+- Fix zstd not being used due to `zstd --version` output change in zstd 1.5.4 release. See [#1353](https://github.com/actions/toolkit/pull/1353).
+
+### 3.2.0
+- Add `lookupOnly` to cache restore `DownloadOptions`.
diff --git a/packages/cache/package-lock.json b/packages/cache/package-lock.json
index 408660cb..0d568ff5 100644
--- a/packages/cache/package-lock.json
+++ b/packages/cache/package-lock.json
@@ -1,12 +1,12 @@
 {
   "name": "@actions/cache",
-  "version": "3.1.4",
+  "version": "3.2.0",
   "lockfileVersion": 2,
   "requires": true,
   "packages": {
     "": {
       "name": "@actions/cache",
-      "version": "3.1.4",
+      "version": "3.2.0",
       "license": "MIT",
       "dependencies": {
         "@actions/core": "^1.10.0",
diff --git a/packages/cache/package.json b/packages/cache/package.json
index 3d5dda6b..b411de1c 100644
--- a/packages/cache/package.json
+++ b/packages/cache/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@actions/cache",
-  "version": "3.1.4",
+  "version": "3.2.0",
   "preview": true,
   "description": "Actions cache lib",
   "keywords": [