diff --git a/00-RELEASENOTES b/00-RELEASENOTES
index 8c20db29..417720a9 100644
--- a/00-RELEASENOTES
+++ b/00-RELEASENOTES
@@ -18,6 +18,19 @@ to modify your program in order to use Redis 2.4.
 CHANGELOG
 ---------
 
+What's new in Redis 2.4.8
+=========================
+
+UPGRADE URGENCY: moderate if you don't experience any of the fixed problems.
+
+* [BUGFIX] Make install now uses cp -f to avoid 'text file busy' errors.
+* [BUGFIX] redis-check-aof is now large files safe also on 32 bit systems.
+* [BUGFIX] Issue #327 fixed: maxmemory and replication now work much better.
+* [BUGFIX] Now HINCRBY can detect overflows too. Fix for issue #330.
+* [BUGFIX] Fixed compilation with latest clang.
+* [BUGFIX] Fixed handling of empty sorted sets produced in RDB by
+           very old Redis versions (1.2.x).
+
 What's new in Redis 2.4.7
 =========================
 
diff --git a/src/version.h b/src/version.h
index d33deecb..39b87935 100644
--- a/src/version.h
+++ b/src/version.h
@@ -1 +1 @@
-#define REDIS_VERSION "2.4.7"
+#define REDIS_VERSION "2.4.8"