diff --git a/NEWS b/NEWS
index 29a332b9..328ced5d 100644
--- a/NEWS
+++ b/NEWS
@@ -1,3 +1,39 @@
+====================
+0.4.8   (2009-11-02)
+====================
+NOTES
+	This release of GParted includes bug fixes, and language
+	translation updates.
+	
+	Key changes include:
+	  - Ensure no pending operations before creating partition table
+	  - Improve dmraid device and name recognition
+	  - Add support for devicekit-disks device automount prevention
+	  - Fix problem finding symbolic link device mount points
+
+BUG FIXES
+	* Rework logic to find symbolic link device mount points (#582687)
+	* Minor string fixes (#597686)
+	  - Thanks go to Bruce Cowan for the small patch
+	* Remove repeated titles in progress dialog (#589558)
+	* Change field labels to sentence capitalization (#583885)
+	* Add padding to progress dialog window
+	* Improve feedback when creating or pasting partition (#579266)
+	* Ensure no pending operations before creating partition table (#583896)
+	* Remove unable to re-read partition table warning (#599078)
+	* Improve dmraid device and name recognition
+
+
+TRANSLATIONS (new/updated)
+	* ar(Khaled Hosny), de(Mario Blättermann), en_GB(Bruce Cowan),
+	  es(Jorge González), fr(Claude Paroz), is(Sveinn í Felli),
+	  it(Milo Casagrande), pt(António Lima),
+	  pt_BR(André Gondim, Djavan Fagundes), sv(Daniel Nylander)
+
+DEPENDENCIES (new/updated)
+	* no change.
+
+
 ====================
 0.4.7   (2009-10-09)
 ====================
diff --git a/configure.in b/configure.in
index 1421f04c..3c3d436a 100644
--- a/configure.in
+++ b/configure.in
@@ -1,4 +1,4 @@
-AC_INIT([gparted],[0.4.7-git],[https://bugzilla.gnome.org/enter_bug.cgi?product=gparted])
+AC_INIT([gparted],[0.4.8],[https://bugzilla.gnome.org/enter_bug.cgi?product=gparted])
 
 AC_CONFIG_SRCDIR(src/main.cc)
 AC_CONFIG_HEADERS([config.h])