diff --git a/CHANGES.rst b/CHANGES.rst
index 1ce58632b8..f2e7adb25f 100644
--- a/CHANGES.rst
+++ b/CHANGES.rst
@@ -1,3 +1,23 @@
+Changes in synapse v0.18.4-rc1 (2016-11-14)
+===========================================
+
+Changes:
+
+* Various database efficiency improvements (PR #1188, #1192)
+* Update default config to blacklist more internal IPs, thanks to Euan Kemp (PR
+  #1198)
+* Allow specifying duration in minutes in config, thanks to Daniel Dent (PR
+  #1625)
+
+
+Bug fixes:
+
+* Fix media repo to set CORs headers on responses (PR #1190)
+* Fix registration to not error on non-ascii passwords (PR #1191)
+* Fix create event code to limit the number of prev_events (PR #1615)
+* Fix bug in transaction ID deduplication (PR #1624)
+
+
 Changes in synapse v0.18.3 (2016-11-08)
 =======================================
 
diff --git a/synapse/__init__.py b/synapse/__init__.py
index d366b69dab..432567a110 100644
--- a/synapse/__init__.py
+++ b/synapse/__init__.py
@@ -16,4 +16,4 @@
 """ This is a reference implementation of a Matrix home server.
 """
 
-__version__ = "0.18.3"
+__version__ = "0.18.4"