diff --git a/CHANGELOG.md b/CHANGELOG.md
index d1235f9a..f203a221 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,11 @@
 # CHANGELOG
 
+## v0.48.8 (2024-07-18)
+
+### Fix
+
+* fix(deps): update dependency setuptools to v71.0.1 ([`da1b546`](https://github.com/kantord/SeaGOAT/commit/da1b546eb8f192e5f48881327b774184b7404cd8))
+
 ## v0.48.7 (2024-07-18)
 
 ### Chore
diff --git a/pyproject.toml b/pyproject.toml
index d4879cf8..695b775d 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -1,6 +1,6 @@
 [tool.poetry]
 name = "seagoat"
-version = "0.48.7"
+version = "0.48.8"
 description = "A semantic-code search engine"
 authors = ["Daniel Kantor <git@daniel-kantor.com>"]
 readme = "README.md"
diff --git a/seagoat/__init__.py b/seagoat/__init__.py
index 0f855b7d..007e8c82 100644
--- a/seagoat/__init__.py
+++ b/seagoat/__init__.py
@@ -1 +1 @@
-__version__ = "0.48.7"
+__version__ = "0.48.8"