diff --git a/DESCRIPTION b/DESCRIPTION
index c685fc83d..dc9714c2b 100644
--- a/DESCRIPTION
+++ b/DESCRIPTION
@@ -1,6 +1,6 @@
 Package: polars
 Title: Lightning-Fast 'DataFrame' Library
-Version: 0.20.0.9000
+Version: 0.21.0
 Depends: R (>= 4.2)
 Imports: utils, codetools, methods
 Authors@R:
diff --git a/NEWS.md b/NEWS.md
index f46a8cc2e..fa9a04a59 100644
--- a/NEWS.md
+++ b/NEWS.md
@@ -1,6 +1,6 @@
 # NEWS
 
-## Polars R Package (development version)
+## Polars R Package 0.21.0
 
 ### Breaking changes