diff --git a/RELEASE-NOTES b/RELEASE-NOTES
index 53b6227..0725ce2 100644
--- a/RELEASE-NOTES
+++ b/RELEASE-NOTES
@@ -1,6 +1,12 @@
 Release Notes; upgrade information mainly.
 Features/major bugfixes are listed in NEWS
 
+portage-2.3.49
+==================================
+* Bug Fixes:
+    - Bug 665038 enable has/best_version -b in any phase for prefix
+
+
 portage-2.3.48
 ==================================
 * Bug Fixes:
diff --git a/setup.py b/setup.py
index 670886c..8c45154 100755
--- a/setup.py
+++ b/setup.py
@@ -1,5 +1,5 @@
 #!/usr/bin/env python
-# Copyright 1998-2014 Gentoo Foundation
+# Copyright 1998-2018 Gentoo Foundation
 # Distributed under the terms of the GNU General Public License v2
 
 from __future__ import print_function
@@ -662,7 +662,7 @@
 
 setup(
 	name = 'portage',
-	version = '2.3.48',
+	version = '2.3.49',
 	url = 'https://wiki.gentoo.org/wiki/Project:Portage',
 	author = 'Gentoo Portage Development Team',
 	author_email = 'dev-portage@gentoo.org',