diff --git a/DESCRIPTION b/DESCRIPTION
index 0ee82e851..7c5b64ca8 100644
--- a/DESCRIPTION
+++ b/DESCRIPTION
@@ -1,6 +1,6 @@
 Package: pak
 Title: Another Approach to Package Installation
-Version: 0.6.0.9001
+Version: 0.7.0
 Authors@R: c(
     person("Gábor", "Csárdi", , "csardi.gabor@gmail.com", role = c("aut", "cre")),
     person("Jim", "Hester", role = "aut"),
diff --git a/NEWS.md b/NEWS.md
index ca48946c8..160ed0f88 100644
--- a/NEWS.md
+++ b/NEWS.md
@@ -1,4 +1,4 @@
-# pak (development version)
+# pak 0.7.0
 
 * pak now correctly handles the latest GitHub release with
   the `@*release` notation (@pawelru,