diff --git a/pungi b/pungi
index d46cdd56..fea0fe3b 100755
--- a/pungi
+++ b/pungi
@@ -144,7 +144,7 @@ if __name__ == '__main__':
     import sys
 
     def get_arguments():
-        parser = OptionParser(version="%prog 0.3.7")
+        parser = OptionParser(version="%prog 0.3.8")
         parser.add_option("--destdir", default="*CONFFILE*", dest="destdir",
           help='destination directory (defaults to current directory)')
         parser.add_option("-c", "--conf", default='/etc/pungi/pungi.conf', dest="config",
diff --git a/pungi.spec b/pungi.spec
index eab7d7b1..60b7aa12 100644
--- a/pungi.spec
+++ b/pungi.spec
@@ -1,7 +1,7 @@
 %{!?python_sitelib: %define python_sitelib %(%{__python} -c "from distutils.sysconfig import get_python_lib; print get_python_lib()")}
 
 Name:           pungi
-Version:        0.3.7
+Version:        0.3.8
 Release:        1%{?dist}
 Summary:        Distribution compose tool
 
@@ -46,6 +46,15 @@ rm -rf $RPM_BUILD_ROOT
 
 
 %changelog
+* Wed Jun 20 2007 Jesse Keating <jkeating@redhat.com> - 0.3.8-1
+- Only grab the newest of deps.
+- Don't use flavor for a log file if no flavor set (Trac #48)
+- Point to the right manifest file in pungi.conf
+- Add a install target to make (Trac #37)
+- Enable the source repo in yum configs (Trac #47)
+- Use universal newlines in getting process output (Trac #44)
+- Fix logging of broken deps (Trac #39)
+
 * Wed May 30 2007 Jesse Keating <jkeating@redhat.com> - 0.3.7-1
 - Handle the cdsize variable correctly
 - More fixes for cached download stuff
diff --git a/setup.py b/setup.py
index 56ba3298..c4719beb 100644
--- a/setup.py
+++ b/setup.py
@@ -2,7 +2,7 @@ from distutils.core import setup
 import glob
 
 setup(name='pungi',
-      version='0.3.7',
+      version='0.3.8',
       description='Distribution compose tool',
       author='Jesse Keating',
       author_email='jkeating@redhat.com',