diff --git a/CHANGES.rst b/CHANGES.rst
index 292f7eee62d6c00b7c6a8c423fc0f44bf44945bb..31eee891daeaf52f2bf2e8ac58f00bbe5b208378 100644
--- a/CHANGES.rst
+++ b/CHANGES.rst
@@ -1,3 +1,20 @@
+Changes in synapse 0.2.1 (2014-09-03)
+=====================================
+
+Homeserver:
+ * Added support for signing up with a third party id.
+ * Add synctl scripts.
+ * Added rate limiting.
+ * Add option to change the external address the content repo uses.
+ * Presence bug fixes.
+
+Webclient:
+ * Added support for signing up with a third party id.
+ * Added support for banning and kicking users.
+ * Added support for displaying and setting ops.
+ * Added support for room names.
+ * Fix bugs with room membership event display.
+
 Changes in synapse 0.2.0 (2014-09-02)
 =====================================
 This update changes many configuration options, updates the
diff --git a/VERSION b/VERSION
index 0ea3a944b399d25f7e1b8fe684d754eb8da9fe7f..0c62199f16ac1e2d7f7ae75b420c1231325dff4e 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-0.2.0
+0.2.1
diff --git a/synapse/__init__.py b/synapse/__init__.py
index 564d789645c45b49b5a22325694b3030dd5a8c96..440e6339662c3504993bcd1ab90895c7ae3f568e 100644
--- a/synapse/__init__.py
+++ b/synapse/__init__.py
@@ -16,4 +16,4 @@
 """ This is a reference implementation of a synapse home server.
 """
 
-__version__ = "0.2.0"
+__version__ = "0.2.1"