diff --git a/CHANGELOG.md b/CHANGELOG.md
index 64f54ea8..31fc7015 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,6 @@
+### v4.8.0
+*  Adds extended compare values function (#196) [View](https://github.com/sanusart/react-dropdown-select/commit/a9b5fb6d415e2fd8d608496bb969bb962ab6754a)
+
 ### v4.7.4
 *  Apply search filter when new options arrive via props (#163) [View](https://github.com/sanusart/react-dropdown-select/commit/c1e245aed07486b696ba23b1120b6f0f599bc4e2)
 
diff --git a/package-lock.json b/package-lock.json
index 5d621733..f3f03d56 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -1,11 +1,11 @@
 {
   "name": "react-dropdown-select",
-  "version": "4.7.4",
+  "version": "4.8.0",
   "lockfileVersion": 2,
   "requires": true,
   "packages": {
     "": {
-      "version": "4.7.4",
+      "version": "4.8.0",
       "license": "MIT",
       "dependencies": {
         "@emotion/core": "^10.0.27",
diff --git a/package.json b/package.json
index 27852213..cb88adfc 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "react-dropdown-select",
-  "version": "4.7.4",
+  "version": "4.8.0",
   "description": "Customizable dropdown select for react",
   "main": "dist/react-dropdown-select.js",
   "module": "lib/index.js",