diff --git a/types/path-exists/index.d.ts b/types/path-exists/index.d.ts
index f82d5ba870..dfd7ad2813 100644
--- a/types/path-exists/index.d.ts
+++ b/types/path-exists/index.d.ts
@@ -1,13 +1,13 @@
-// Type definitions for path-exists 1.0.0
+// Type definitions for path-exists 3.0
 // Project: https://github.com/sindresorhus/path-exists
 // Definitions by: Shogo Iwano <https://github.com/shiwano>
+//                 BendingBender <https://github.com/BendingBender>
 // Definitions: https://github.com/DefinitelyTyped/DefinitelyTyped
 
-
-interface PathExists {
-    (path: string, callback: (error: Error, exists: boolean) => void): void;
-    sync(path: string): boolean;
-}
-
-declare var pathExists: PathExists;
 export = pathExists;
+
+declare function pathExists(path: string): Promise<boolean>;
+
+declare namespace pathExists {
+    function sync(path: string): boolean;
+}
diff --git a/types/path-exists/path-exists-tests.ts b/types/path-exists/path-exists-tests.ts
index 69aeb2ecd4..9cb79e8602 100644
--- a/types/path-exists/path-exists-tests.ts
+++ b/types/path-exists/path-exists-tests.ts
@@ -1,7 +1,6 @@
-
 import pathExists = require("path-exists");
 
-pathExists("test/path-exists.d.ts", (error, exists) => {
-  console.log(exists);
+pathExists('foo.js').then(exists => {
+    const bool: boolean = exists;
 });
-console.log(pathExists.sync("test/__path-exists.d.ts"));
+const bool: boolean = pathExists.sync("test/__path-exists.d.ts");
diff --git a/types/path-exists/tsconfig.json b/types/path-exists/tsconfig.json
index 8edff6556b..d6a6dcc606 100644
--- a/types/path-exists/tsconfig.json
+++ b/types/path-exists/tsconfig.json
@@ -2,12 +2,11 @@
     "compilerOptions": {
         "module": "commonjs",
         "lib": [
-            "es6",
-            "dom"
+            "es6"
         ],
         "noImplicitAny": true,
         "noImplicitThis": true,
-        "strictNullChecks": false,
+        "strictNullChecks": true,
         "baseUrl": "../",
         "typeRoots": [
             "../"
@@ -20,4 +19,4 @@
         "index.d.ts",
         "path-exists-tests.ts"
     ]
-}
\ No newline at end of file
+}
diff --git a/types/path-exists/tslint.json b/types/path-exists/tslint.json
new file mode 100644
index 0000000000..3db14f85ea
--- /dev/null
+++ b/types/path-exists/tslint.json
@@ -0,0 +1 @@
+{ "extends": "dtslint/dt.json" }
diff --git a/types/path-exists/v1/index.d.ts b/types/path-exists/v1/index.d.ts
new file mode 100644
index 0000000000..ae3df252c4
--- /dev/null
+++ b/types/path-exists/v1/index.d.ts
@@ -0,0 +1,12 @@
+// Type definitions for path-exists 1.0
+// Project: https://github.com/sindresorhus/path-exists
+// Definitions by: Shogo Iwano <https://github.com/shiwano>
+// Definitions: https://github.com/DefinitelyTyped/DefinitelyTyped
+
+interface PathExists {
+    (path: string, callback: (error: Error, exists: boolean) => void): void;
+    sync(path: string): boolean;
+}
+
+declare const pathExists: PathExists;
+export = pathExists;
diff --git a/types/path-exists/v1/path-exists-tests.ts b/types/path-exists/v1/path-exists-tests.ts
new file mode 100644
index 0000000000..5c5553b5de
--- /dev/null
+++ b/types/path-exists/v1/path-exists-tests.ts
@@ -0,0 +1,6 @@
+import pathExists = require("path-exists");
+
+pathExists("test/path-exists.d.ts", (error, exists) => {
+    const bool: boolean = exists;
+});
+const bool: boolean = pathExists.sync("test/__path-exists.d.ts");
diff --git a/types/path-exists/v1/tsconfig.json b/types/path-exists/v1/tsconfig.json
new file mode 100644
index 0000000000..1e8753cb6b
--- /dev/null
+++ b/types/path-exists/v1/tsconfig.json
@@ -0,0 +1,25 @@
+{
+    "compilerOptions": {
+        "module": "commonjs",
+        "lib": [
+            "es6"
+        ],
+        "noImplicitAny": true,
+        "noImplicitThis": true,
+        "strictNullChecks": true,
+        "baseUrl": "../../",
+        "typeRoots": [
+            "../../"
+        ],
+        "paths": {
+            "path-exists": ["path-exists/v1"]
+        },
+        "types": [],
+        "noEmit": true,
+        "forceConsistentCasingInFileNames": true
+    },
+    "files": [
+        "index.d.ts",
+        "path-exists-tests.ts"
+    ]
+}
diff --git a/types/path-exists/v1/tslint.json b/types/path-exists/v1/tslint.json
new file mode 100644
index 0000000000..3db14f85ea
--- /dev/null
+++ b/types/path-exists/v1/tslint.json
@@ -0,0 +1 @@
+{ "extends": "dtslint/dt.json" }