diff --git a/charts/tempo-distributed/Chart.yaml b/charts/tempo-distributed/Chart.yaml
index 8a68e12e60..498e9fa22d 100644
--- a/charts/tempo-distributed/Chart.yaml
+++ b/charts/tempo-distributed/Chart.yaml
@@ -2,7 +2,7 @@ apiVersion: v2
 name: tempo-distributed
 description: Grafana Tempo in MicroService mode
 type: application
-version: 1.16.1
+version: 1.16.2
 appVersion: 2.5.0
 engine: gotpl
 home: https://grafana.com/docs/tempo/latest/
diff --git a/charts/tempo-distributed/README.md b/charts/tempo-distributed/README.md
index a67ab55fc4..824a7b286c 100755
--- a/charts/tempo-distributed/README.md
+++ b/charts/tempo-distributed/README.md
@@ -1,6 +1,6 @@
 # tempo-distributed
 
-![Version: 1.16.1](https://img.shields.io/badge/Version-1.16.1-informational?style=flat-square) ![Type: application](https://img.shields.io/badge/Type-application-informational?style=flat-square) ![AppVersion: 2.5.0](https://img.shields.io/badge/AppVersion-2.5.0-informational?style=flat-square)
+![Version: 1.16.2](https://img.shields.io/badge/Version-1.16.2-informational?style=flat-square) ![Type: application](https://img.shields.io/badge/Type-application-informational?style=flat-square) ![AppVersion: 2.5.0](https://img.shields.io/badge/AppVersion-2.5.0-informational?style=flat-square)
 
 Grafana Tempo in MicroService mode