diff --git a/DESCRIPTION b/DESCRIPTION
index ea7ea8c0..7374caff 100644
--- a/DESCRIPTION
+++ b/DESCRIPTION
@@ -1,6 +1,6 @@
 Package: pkgdepends
 Title: Package Dependency Resolution and Downloads
-Version: 0.7.2.9000
+Version: 0.8.0
 Authors@R: c(
     person("Gábor", "Csárdi", , "csardi.gabor@gmail.com", role = c("aut", "cre")),
     person("Posit Software, PBC", role = c("cph", "fnd"))
diff --git a/NEWS.md b/NEWS.md
index 0a231f33..cc7abc09 100644
--- a/NEWS.md
+++ b/NEWS.md
@@ -1,4 +1,4 @@
-# pkgdepends (development version)
+# pkgdepends 0.8.0
 
 * pkgdepends now supports `gitlab::` package sources better, by adding
   explicit syntax to specify subdirectories (#353, @dgkf).