diff --git a/doc/conf.py b/doc/conf.py
index e6db2735..7af1c5ca 100644
--- a/doc/conf.py
+++ b/doc/conf.py
@@ -51,9 +51,9 @@ copyright = "2016, Red Hat, Inc."
 # built documents.
 #
 # The short X.Y version.
-version = "4.6"
+version = "4.7"
 # The full version, including alpha/beta/rc tags.
-release = "4.6.3"
+release = "4.7.0"
 
 # The language for content autogenerated by Sphinx. Refer to documentation
 # for a list of supported languages.
diff --git a/pungi.spec b/pungi.spec
index 5a5c1184..c9373d81 100644
--- a/pungi.spec
+++ b/pungi.spec
@@ -1,5 +1,5 @@
 Name:           pungi
-Version:        4.6.3
+Version:        4.7.0
 Release:        1%{?dist}
 Summary:        Distribution compose tool
 
@@ -110,6 +110,16 @@ pytest
 cd tests && ./test_compose.sh
 
 %changelog
+* Fri Aug 16 2024 Lubomír Sedlář <lsedlar@redhat.com> - 4.7.0-1
+- kiwibuild: Add support for type, type attr and bundle format (lsedlar)
+- createiso: Block reuse if unsigned packages are allowed (lsedlar)
+- Allow live_images phase to still be skipped (lsedlar)
+- createiso: Recompute .treeinfo checksums for images (lsedlar)
+- Drop support for signing rpm-wrapped artifacts (lsedlar)
+- Remove live_images.py (LiveImagesPhase) (awilliam)
+- Clean up requirements (lsedlar)
+- Update pungi.spec for py3 (hlin)
+
 * Fri Jul 12 2024 Haibo Lin <hlin@redhat.com> - 4.6.3-1
 - Fix formatting of long line (lsedlar)
 - unified-isos: Resolve symlinks (lsedlar)
diff --git a/setup.py b/setup.py
index d376a66f..e3a847c8 100755
--- a/setup.py
+++ b/setup.py
@@ -20,7 +20,7 @@ packages = sorted(packages)
 
 setup(
     name="pungi",
-    version="4.6.3",
+    version="4.7.0",
     description="Distribution compose tool",
     url="https://pagure.io/pungi",
     author="Dennis Gilmore",