diff --git a/NEWS b/NEWS
index 1b75acc6..786498c5 100644
--- a/NEWS
+++ b/NEWS
@@ -1,3 +1,43 @@
+= gitg 0.0.8 =
+Version 0.0.8 was released on 2010-12-30
+
+== Features ==
+  * Added preference to ignore external diff tool
+  * Improved GitgRunner/GitgCommand/GitgShell
+  * Added a menu to create a new branch
+  * Per line staging needs Ctrl
+  * Add committer info
+  * Added stat to revision details panel
+  * Added gitg-revision-details-panel
+  * Added 'changes' panel
+  * Move the backend part of gitg into a libgitg library.
+  * Improved staging/unstaging
+  * Added 'edit' context menu item for stage/unstage list
+  * Improve hash search performance
+  * Add --no-color to some git commands
+  * Make gitg compile with Gtk+ 3.0 if available.
+  * Allow creating a tag without a message.
+
+== Bug fixes ==
+  * Fixed parsing diff from stash
+  * Do not crash when hiding region header with no next line
+  * Ellipsize long subjects in revision view
+  * Don't show repository missing error when launching without arguments
+  * Always override format patch export
+  * Better handling of command line args and repository paths
+  * Handle sensitivity correctly
+  * rewrite gitg_ref_get_localname to return a const result
+  * Use remote pushes for push branch menu
+  * Ellipsize parent commit message at end
+  * Use GtkCellRendererSpinner
+  * Portability: replace PATH_MAX sized array with dynamic strings
+  * Use flag G_SPAWN_CHILD_INHERITS_STDIN when input is not provided
+  * Fix building with GSEAL enabled
+  * Bug 620284 - Cleaned up preferences dialog
+  * Make format patch override existing files properly (fixes #620463)
+  * Improved charset conversion (fixes #623466)
+  * Use GBinding
+
 = gitg 0.0.6 =
 Version 0.0.6 was released on 2010-02-21
 
diff --git a/README b/README
index 2490dde6..0c1928ca 100644
--- a/README
+++ b/README
@@ -3,7 +3,7 @@ gitg is a GitX clone for GNOME/gtk+. It aims at being a small, fast and
 convenient tool to visualize git history and actions that benefit from a
 graphical presentation.
 
-The latest version of gitg is 0.0.6.
+The latest version of gitg is 0.0.8.
 
 Website:      http://trac.novowork.com/gitg
 Bugs:         http://bugzilla.gnome.org/browse.cgi?product=gitg
@@ -15,8 +15,8 @@ To install the latest version of gitg, make sure to download gitg-0.0.6.tar.bz2
 from the download site. After downloading the following procedure installs
 gitg:
 
-	$ tar -xjf gitg-0.0.6.tar.bz2
-	$ cd gitg-0.0.6
+	$ tar -xjf gitg-0.0.8.tar.bz2
+	$ cd gitg-0.0.8
 	$ ./configure
 	$ make
 	$ sudo make install
diff --git a/configure.ac b/configure.ac
index 23bb98bc..4860a428 100644
--- a/configure.ac
+++ b/configure.ac
@@ -4,7 +4,7 @@ AC_PREREQ(2.59)
 
 m4_define(gitg_major_version, 0)
 m4_define(gitg_minor_version, 0)
-m4_define(gitg_micro_version, 6)
+m4_define(gitg_micro_version, 8)
 m4_define(gitg_version, gitg_major_version.gitg_minor_version.gitg_micro_version)
 
 AC_INIT(gitg, gitg_version, http://www.icecrew.nl)