diff --git a/webapp/channels/src/components/plugin_marketplace/marketplace_item/marketplace_item_plugin/__snapshots__/marketplace_item_plugin.test.tsx.snap b/webapp/channels/src/components/plugin_marketplace/marketplace_item/marketplace_item_plugin/__snapshots__/marketplace_item_plugin.test.tsx.snap
index 74a9cc8591..b413847169 100644
--- a/webapp/channels/src/components/plugin_marketplace/marketplace_item/marketplace_item_plugin/__snapshots__/marketplace_item_plugin.test.tsx.snap
+++ b/webapp/channels/src/components/plugin_marketplace/marketplace_item/marketplace_item_plugin/__snapshots__/marketplace_item_plugin.test.tsx.snap
@@ -868,13 +868,13 @@ exports[`components/MarketplaceItemPlugin UpdateConfirmationModal should add ext
         />
       </p>,
       <p>
-        <FormattedMarkdownMessage
-          defaultMessage="You currently have {installedVersion} installed. View the [release notes](!{releaseNotesUrl}) to learn about the changes included in this update."
+        <Memo(MemoizedFormattedMessage)
+          defaultMessage="You currently have {installedVersion} installed. View the <a>release notes</a> to learn about the changes included in this update."
           id="marketplace_modal.list.update_confirmation.message.current_with_release_notes"
           values={
             Object {
+              "a": [Function],
               "installedVersion": "0.0.1",
-              "releaseNotesUrl": "http://example.com/release",
             }
           }
         />
@@ -882,12 +882,12 @@ exports[`components/MarketplaceItemPlugin UpdateConfirmationModal should add ext
       <p
         className="alert alert-warning"
       >
-        <FormattedMarkdownMessage
-          defaultMessage="This update may contain breaking changes. Consult the [release notes](!{releaseNotesUrl}) before upgrading."
+        <Memo(MemoizedFormattedMessage)
+          defaultMessage="This update may contain breaking changes. Consult the <a>release notes</a> before upgrading."
           id="marketplace_modal.list.update_confirmation.message.warning_major_version_with_release_notes"
           values={
             Object {
-              "releaseNotesUrl": "http://example.com/release",
+              "a": [Function],
             }
           }
         />
diff --git a/webapp/channels/src/components/plugin_marketplace/marketplace_item/marketplace_item_plugin/marketplace_item_plugin.tsx b/webapp/channels/src/components/plugin_marketplace/marketplace_item/marketplace_item_plugin/marketplace_item_plugin.tsx
index 1fc5779bdb..eada83926f 100644
--- a/webapp/channels/src/components/plugin_marketplace/marketplace_item/marketplace_item_plugin/marketplace_item_plugin.tsx
+++ b/webapp/channels/src/components/plugin_marketplace/marketplace_item/marketplace_item_plugin/marketplace_item_plugin.tsx
@@ -12,7 +12,6 @@ import type {PluginStatusRedux} from '@mattermost/types/plugins';
 
 import ConfirmModal from 'components/confirm_modal';
 import ExternalLink from 'components/external_link';
-import FormattedMarkdownMessage from 'components/formatted_markdown_message';
 import LoadingWrapper from 'components/widgets/loading/loading_wrapper';
 
 import MarketplaceItem from '../marketplace_item';
@@ -131,10 +130,19 @@ export const UpdateConfirmationModal = ({show, name, version, installedVersion,
     if (releaseNotesUrl) {
         messages.push(
             <p key='current'>
-                <FormattedMarkdownMessage
+                <FormattedMessage
                     id='marketplace_modal.list.update_confirmation.message.current_with_release_notes'
-                    defaultMessage='You currently have {installedVersion} installed. View the [release notes](!{releaseNotesUrl}) to learn about the changes included in this update.'
-                    values={{installedVersion, releaseNotesUrl}}
+                    defaultMessage='You currently have {installedVersion} installed. View the <a>release notes</a> to learn about the changes included in this update.'
+                    values={{
+                        installedVersion,
+                        a: (chunks: string) => (
+                            <ExternalLink
+                                href={releaseNotesUrl as string}
+                                location='plugin-marketplace'
+                            >
+                                {chunks}
+                            </ExternalLink>
+                        )}}
                 />
             </p>,
         );
@@ -165,10 +173,18 @@ export const UpdateConfirmationModal = ({show, name, version, installedVersion,
                     className='alert alert-warning'
                     key='warning'
                 >
-                    <FormattedMarkdownMessage
+                    <FormattedMessage
                         id='marketplace_modal.list.update_confirmation.message.warning_major_version_with_release_notes'
-                        defaultMessage='This update may contain breaking changes. Consult the [release notes](!{releaseNotesUrl}) before upgrading.'
-                        values={{releaseNotesUrl}}
+                        defaultMessage='This update may contain breaking changes. Consult the <a>release notes</a> before upgrading.'
+                        values={{
+                            a: (chunks: string) => (
+                                <ExternalLink
+                                    href={releaseNotesUrl as string}
+                                    location='plugin-marketplace'
+                                >
+                                    {chunks}
+                                </ExternalLink>
+                            )}}
                     />
                 </p>,
             );
diff --git a/webapp/channels/src/i18n/en.json b/webapp/channels/src/i18n/en.json
index fb4ee582cc..f34efb502c 100644
--- a/webapp/channels/src/i18n/en.json
+++ b/webapp/channels/src/i18n/en.json
@@ -4248,10 +4248,10 @@
   "marketplace_modal.list.update_available": "Update available:",
   "marketplace_modal.list.update_confirmation.confirm_button": "Update",
   "marketplace_modal.list.update_confirmation.message.current": "You currently have {installedVersion} installed.",
-  "marketplace_modal.list.update_confirmation.message.current_with_release_notes": "You currently have {installedVersion} installed. View the [release notes](!{releaseNotesUrl}) to learn about the changes included in this update.",
+  "marketplace_modal.list.update_confirmation.message.current_with_release_notes": "You currently have {installedVersion} installed. View the <a>release notes</a> to learn about the changes included in this update.",
   "marketplace_modal.list.update_confirmation.message.intro": "Are you sure you want to update the {name} plugin to {version}?",
   "marketplace_modal.list.update_confirmation.message.warning_major_version": "This update may contain breaking changes.",
-  "marketplace_modal.list.update_confirmation.message.warning_major_version_with_release_notes": "This update may contain breaking changes. Consult the [release notes](!{releaseNotesUrl}) before upgrading.",
+  "marketplace_modal.list.update_confirmation.message.warning_major_version_with_release_notes": "This update may contain breaking changes. Consult the <a>release notes</a> before upgrading.",
   "marketplace_modal.list.update_confirmation.title": "Confirm Plugin Update",
   "marketplace_modal.no_plugins": "No plugins found",
   "marketplace_modal.no_plugins_installed": "No plugins installed found",