diff --git a/00-RELEASENOTES b/00-RELEASENOTES
index 141faaae47719fb1461b8844a84d1056414d8aef..8c20db295d8e4a7e66cc59a9330668c283de41b4 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 2.4.7
+=========================
+
+UPGRADE URGENCY: low/moderate if you don't experience any of the fixed problems.
+
+* [BUGFIX] Fixed false positive in issue #141 regression test.
+* [BUGFIX] Slave should not expire keys when loading an RDB after a SYNC.
+* [BUGFIX] Don't increment stats for key misses / hits when key is written.
+* [BUGFIX] sds.c library now don't allocate more than 1MB ahead.
+* 32 bit instances without a maxmemory set now get a default limit of 3.5GB with
+  maxmemory-policy set to noeviction.
+* Better crash report on crash (containing current client and command arguments).
+
 What's new in Redis 2.4.6
 =========================
 
diff --git a/src/version.h b/src/version.h
index 77e0918cdd4a376d3879215b3b29d7f2bee66207..d33deecb4b435c13b07a00ac2b9487cd5edb92e6 100644
--- a/src/version.h
+++ b/src/version.h
@@ -1 +1 @@
-#define REDIS_VERSION "2.4.6"
+#define REDIS_VERSION "2.4.7"