diff --git a/CHANGELOG.rst b/CHANGELOG.rst
index cf3df9c87..19b62a1d0 100644
--- a/CHANGELOG.rst
+++ b/CHANGELOG.rst
@@ -1,4 +1,4 @@
-3.0.7 (unreleased)
+3.0.7 (2017-03-14)
 ==================
 
 
@@ -35,7 +35,6 @@
   collected by the built-in python test collector. Thanks `@barneygale`_ for the
   PR.
 
-*
 
 .. _@pfhayes: https://github.com/pfhayes
 .. _@bluetech: https://github.com/bluetech
diff --git a/_pytest/__init__.py b/_pytest/__init__.py
index 16616ffb0..45375bc4c 100644
--- a/_pytest/__init__.py
+++ b/_pytest/__init__.py
@@ -1,2 +1,2 @@
 #
-__version__ = '3.0.7.dev0'
+__version__ = '3.0.7'
diff --git a/doc/en/announce/release-3.0.7.rst b/doc/en/announce/release-3.0.7.rst
new file mode 100644
index 000000000..591557aa7
--- /dev/null
+++ b/doc/en/announce/release-3.0.7.rst
@@ -0,0 +1,33 @@
+pytest-3.0.7
+============
+
+pytest 3.0.7 has just been released to PyPI.
+
+This is a bug-fix release, being a drop-in replacement. To upgrade::
+
+  pip install --upgrade pytest
+  
+The full changelog is available at http://doc.pytest.org/en/latest/changelog.html.
+
+Thanks to all who contributed to this release, among them:
+
+* Anthony Sottile
+* Barney Gale
+* Bruno Oliveira
+* Florian Bruhin
+* Floris Bruynooghe
+* Ionel Cristian Mărieș
+* Katerina Koukiou
+* NODA, Kai
+* Omer Hadari
+* Patrick Hayes
+* Ran Benita
+* Ronny Pfannschmidt
+* Victor Uriarte
+* Vidar Tonaas Fauske
+* Ville Skyttä
+* fbjorn
+* mbyt
+
+Happy testing,
+The pytest Development Team