diff --git a/Changelog b/Changelog
index 9fa0279452..4ad7ceea25 100644
--- a/Changelog
+++ b/Changelog
@@ -1,4 +1,4 @@
-version 0.7.3:
+version 0.8.0:
 
   - ARM system emulation: Arm Integrator/CP board with an arm1026ej-s
     cpu (Paul Brook)
diff --git a/VERSION b/VERSION
index d5cc44d1d3..8adc70fdd9 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-0.7.2
\ No newline at end of file
+0.8.0
\ No newline at end of file