diff --git a/core/pom.xml b/core/pom.xml
index 11dc3a9d..e892ae32 100644
--- a/core/pom.xml
+++ b/core/pom.xml
@@ -11,7 +11,7 @@
     <parent>
         <groupId>com.facebook</groupId>
         <artifactId>ktfmt-parent</artifactId>
-        <version>0.49-SNAPSHOT</version>
+        <version>0.49</version>
     </parent>
 
     <properties>
diff --git a/pom.xml b/pom.xml
index 9ae07ee0..e3791709 100644
--- a/pom.xml
+++ b/pom.xml
@@ -5,7 +5,7 @@
 
   <groupId>com.facebook</groupId>
   <artifactId>ktfmt-parent</artifactId>
-  <version>0.49-SNAPSHOT</version>
+  <version>0.49</version>
   <packaging>pom</packaging>
 
   <name>Ktfmt Parent</name>
diff --git a/stable_version.txt b/stable_version.txt
index 8ae5e618..a2ff373b 100644
--- a/stable_version.txt
+++ b/stable_version.txt
@@ -1 +1 @@
-0.48
+0.49
diff --git a/version.txt b/version.txt
index fc3a7626..a2ff373b 100644
--- a/version.txt
+++ b/version.txt
@@ -1 +1 @@
-0.49-SNAPSHOT
+0.49