diff --git a/CHANGELOG.md b/CHANGELOG.md
index 58043bea526..8edaa0500ed 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,4 +1,4 @@
-Unreleased Changes
+2.0.48 (2015-06-04)
 ------------------
 
 * Feature - Aws::CloudWatchLogs - Adds support for the `#put_subscription_filter`,
diff --git a/VERSION b/VERSION
index 668d0aa8d0c..77a45ae9a30 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-2.0.47
+2.0.48
diff --git a/aws-sdk-core/lib/aws-sdk-core/version.rb b/aws-sdk-core/lib/aws-sdk-core/version.rb
index a7e7668455c..e4b8f413705 100644
--- a/aws-sdk-core/lib/aws-sdk-core/version.rb
+++ b/aws-sdk-core/lib/aws-sdk-core/version.rb
@@ -1,3 +1,3 @@
 module Aws
-  VERSION = '2.0.47'
+  VERSION = '2.0.48'
 end