diff --git a/CHANGELOG.md b/CHANGELOG.md
index ed52981..92f2019 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,11 @@
 # Changes
 
+2018-01-15 (version 0.4.7)
+
+* VCS segments (git, hg, etc.) can now show a symbol identifying what VPS the
+  current directory uses
+  ([@emansije](https://github.com/b-ryan/powerline-shell/pull/298))
+
 2018-01-11 (version 0.4.6)
 
 * Fix bug in SVN segment
diff --git a/setup.py b/setup.py
index fe96724..78f34b8 100755
--- a/setup.py
+++ b/setup.py
@@ -3,7 +3,7 @@ from setuptools import setup, find_packages
 
 setup(
     name="powerline-shell",
-    version="0.4.6",
+    version="0.4.7",
     description="A pretty prompt for your shell",
     author="Buck Ryan",
     url="https://github.com/banga/powerline-shell",