diff --git a/CHANGES.md b/CHANGES.md
index 6d5c0fcb6..b11c3d7ac 100644
--- a/CHANGES.md
+++ b/CHANGES.md
@@ -1,5 +1,11 @@
 # Changelog
 
+## Dendrite 0.3.8 (2021-01-28)
+
+### Fixes
+
+* A well-known lookup regression in version 0.3.7 has been fixed
+
 ## Dendrite 0.3.7 (2021-01-26)
 
 ### Features
diff --git a/internal/version.go b/internal/version.go
index 639fd3df0..f5c6a423f 100644
--- a/internal/version.go
+++ b/internal/version.go
@@ -17,7 +17,7 @@ var build string
 const (
 	VersionMajor = 0
 	VersionMinor = 3
-	VersionPatch = 7
+	VersionPatch = 8
 	VersionTag   = "" // example: "rc1"
 )