diff --git a/CHANGELOG.md b/CHANGELOG.md
index 0d69fba5c0..e71b42bced 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,8 @@
 All notable changes to this project will be documented in this file - [docs/changelog.md](read more).
 
 ## [Unreleased]
+
+## [0.7.1] - 2018-12-07
 ### Added
 - Symfony 3.4 and 4.2 sample apps #171
 
@@ -155,7 +157,8 @@ All notable changes to this project will be documented in this file - [docs/chan
 ### Added
 - OpenTracing compliance tha can be used for manual instrumentation
 
-[Unreleased]: https://github.com/DataDog/dd-trace-php/compare/0.7.0...HEAD
+[Unreleased]: https://github.com/DataDog/dd-trace-php/compare/0.7.1...HEAD
+[0.7.1]: https://github.com/DataDog/dd-trace-php/compare/0.7.0...0.7.1
 [0.7.0]: https://github.com/DataDog/dd-trace-php/compare/0.6.0...0.7.0
 [0.6.0]: https://github.com/DataDog/dd-trace-php/compare/0.5.1...0.6.0
 [0.5.1]: https://github.com/DataDog/dd-trace-php/compare/0.5.0...0.5.1
diff --git a/src/DDTrace/Version.php b/src/DDTrace/Version.php
index d0c0406e5e..61541714f6 100644
--- a/src/DDTrace/Version.php
+++ b/src/DDTrace/Version.php
@@ -2,4 +2,4 @@
 
 namespace DDTrace\Version;
 
-const VERSION = '0.7.0-beta';
+const VERSION = '0.7.1-beta';