diff --git a/CHANGELOG.md b/CHANGELOG.md
index 6d4dd6e..119de82 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,6 +1,6 @@
 # MockRedis Changelog
 
-### main (unreleased)
+### 0.49.0
 
 * Move `redis` from development dependency to runtime dependency
 
diff --git a/lib/mock_redis/version.rb b/lib/mock_redis/version.rb
index 5714e9c..c9f93a4 100644
--- a/lib/mock_redis/version.rb
+++ b/lib/mock_redis/version.rb
@@ -2,5 +2,5 @@
 
 # Defines the gem version.
 class MockRedis
-  VERSION = '0.48.1'
+  VERSION = '0.49.0'
 end