diff --git a/docs/release-notes.md b/docs/release-notes.md
index 5259505b5..4701a9b9d 100644
--- a/docs/release-notes.md
+++ b/docs/release-notes.md
@@ -1,5 +1,7 @@
 ## Next release
 
+## 0.25.0
+
 * Add support for Pydantic's `include`, `exclude`, `by_alias`.
     * Update documentation: [Response Model](https://fastapi.tiangolo.com/tutorial/response-model/#response_model_include-and-response_model_exclude).
     * Add docs for: [Body - updates](https://fastapi.tiangolo.com/tutorial/body-updates/), using Pydantic's `skip_defaults`.
diff --git a/fastapi/__init__.py b/fastapi/__init__.py
index bc4edbe04..f240125c7 100644
--- a/fastapi/__init__.py
+++ b/fastapi/__init__.py
@@ -1,6 +1,6 @@
 """FastAPI framework, high performance, easy to learn, fast to code, ready for production"""
 
-__version__ = "0.24.0"
+__version__ = "0.25.0"
 
 from starlette.background import BackgroundTasks