diff --git a/CHANGELOG.md b/CHANGELOG.md
index b6aa9c77..fb9f9135 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -4,12 +4,16 @@ All notable changes to this project will be documented in this file.
 
 The format is based on [Keep a Changelog](https://keepachangelog.com/en/1.0.0/).
 
-## Unreleased
+## 0.8.0 (April 30th, 2020)
 
 ### Fixed
 
 - Fixed tunnel proxy support.
 
+### Added
+
+- New `TimeoutException` base class.
+
 ## 0.7.0 (March 5th, 2020)
 
 - First integration with HTTPX.
diff --git a/httpcore/__init__.py b/httpcore/__init__.py
index 63d2300a..74ce659d 100644
--- a/httpcore/__init__.py
+++ b/httpcore/__init__.py
@@ -39,4 +39,4 @@
     "WriteError",
     "CloseError",
 ]
-__version__ = "0.7.0"
+__version__ = "0.8.0"