diff --git a/CHANGELOG.md b/CHANGELOG.md
index cf03a92..78c7ec4 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -5,6 +5,8 @@
 and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0.html).
 
 ## [Unreleased]
+
+## [0.4.8] - 2019-11-19
 ### Added
 - avifEncoder now has a speed setting
 - codec_aom only flushes encoder when necessary (avoids lost frame packets)
@@ -237,7 +239,8 @@
 - Constants `AVIF_VERSION`, `AVIF_VERSION_MAJOR`, `AVIF_VERSION_MINOR`, `AVIF_VERSION_PATCH`
 - `avifVersion()` function
 
-[Unreleased]: https://github.com/AOMediaCodec/libavif/compare/v0.4.7...HEAD
+[Unreleased]: https://github.com/AOMediaCodec/libavif/compare/v0.4.8...HEAD
+[0.4.8]: https://github.com/AOMediaCodec/libavif/compare/v0.4.7...v0.4.8
 [0.4.7]: https://github.com/AOMediaCodec/libavif/compare/v0.4.6...v0.4.7
 [0.4.6]: https://github.com/AOMediaCodec/libavif/compare/v0.4.5...v0.4.6
 [0.4.5]: https://github.com/AOMediaCodec/libavif/compare/v0.4.4...v0.4.5
diff --git a/CMakeLists.txt b/CMakeLists.txt
index 69a8801..26e7d8f 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -2,7 +2,7 @@
 # SPDX-License-Identifier: BSD-2-Clause
 
 cmake_minimum_required(VERSION 3.5)
-project(libavif LANGUAGES C VERSION 0.4.7)
+project(libavif LANGUAGES C VERSION 0.4.8)
 
 if(CMAKE_C_COMPILER_ID MATCHES "GNU")
   add_definitions(-std=c99) # Enforce C99 for gcc
diff --git a/include/avif/avif.h b/include/avif/avif.h
index df47abc..ee55c53 100644
--- a/include/avif/avif.h
+++ b/include/avif/avif.h
@@ -16,7 +16,7 @@
 
 #define AVIF_VERSION_MAJOR 0
 #define AVIF_VERSION_MINOR 4
-#define AVIF_VERSION_PATCH 7
+#define AVIF_VERSION_PATCH 8
 #define AVIF_VERSION (AVIF_VERSION_MAJOR * 10000) + (AVIF_VERSION_MINOR * 100) + AVIF_VERSION_PATCH
 
 typedef int avifBool;