diff --git a/CHANGES.rst b/CHANGES.rst
index 62ddfe9bf..44eaa6c29 100644
--- a/CHANGES.rst
+++ b/CHANGES.rst
@@ -1,6 +1,19 @@
 Changes
 =======
 
+0.4.7 (2017-09-30)
+------------------
+
+- Reworked watcher since it ended up using 90% CPU of the running core due to
+  constant re-indexing (mstat) of every file every 0.5s. Full re-index will now
+  only run every 10 seconds, since it's more rare that new files are added than
+  existing files edited. Watcher for edited existing files will still run at the
+  same intervals.
+
+- Watched file types may now be specified via configuration via
+  ``options.watcher.watched_file_endings``.
+
+
 0.4.6 (2017-09-29)
 ------------------
 
diff --git a/tomodachi/__version__.py b/tomodachi/__version__.py
index 96e0dfa8d..c143da45e 100644
--- a/tomodachi/__version__.py
+++ b/tomodachi/__version__.py
@@ -1,4 +1,4 @@
-__version__ = '0.4.6'
+__version__ = '0.4.7'
 
 if __name__ == "__main__":
     print(__version__)