diff --git a/Lib/fontTools/__init__.py b/Lib/fontTools/__init__.py
index 89d7ac7b4..dd6ffca12 100644
--- a/Lib/fontTools/__init__.py
+++ b/Lib/fontTools/__init__.py
@@ -4,6 +4,6 @@ from fontTools.misc.loggingTools import configLogger
 
 log = logging.getLogger(__name__)
 
-version = __version__ = "4.8.2.dev0"
+version = __version__ = "4.9.0"
 
 __all__ = ["version", "log", "configLogger"]
diff --git a/NEWS.rst b/NEWS.rst
index 320bd5ba9..7c9e69c8d 100644
--- a/NEWS.rst
+++ b/NEWS.rst
@@ -1,3 +1,6 @@
+4.9.0 (released 2020-04-29)
+---------------------------
+
 - [subset] Fixed subsetting of FeatureVariations table. The subsetter no longer drops
   FeatureVariationRecords that have empty substitutions as that will keep the search
   going and thus change the logic. It will only drop empty records that occur at the
diff --git a/setup.cfg b/setup.cfg
index 03e61f9b6..99554922e 100644
--- a/setup.cfg
+++ b/setup.cfg
@@ -1,5 +1,5 @@
 [bumpversion]
-current_version = 4.8.2.dev0
+current_version = 4.9.0
 commit = True
 tag = False
 tag_name = {new_version}
diff --git a/setup.py b/setup.py
index ebb635147..74e134f23 100755
--- a/setup.py
+++ b/setup.py
@@ -437,7 +437,7 @@ if ext_modules:
 
 setup_params = dict(
 	name="fonttools",
-	version="4.8.2.dev0",
+	version="4.9.0",
 	description="Tools to manipulate font files",
 	author="Just van Rossum",
 	author_email="just@letterror.com",