diff --git a/CHANGELOG.md b/CHANGELOG.md
index a357fd0c..3e9b992b 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -7,15 +7,12 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 ---
 
-## [UnReleased] - 2024-MM-DD
+## [0.11.8] - 2024-10-15
 
 ### Changed
 
 - CI: enable custom env. vars in pkg check workflow ([#317](https://github.com/Lightning-AI/utilities/pull/317))
 
-### Fixed
-
--
 
 ## [0.11.7] - 2024-09-02
 
diff --git a/src/lightning_utilities/__about__.py b/src/lightning_utilities/__about__.py
index 60201bf1..3a0a0382 100644
--- a/src/lightning_utilities/__about__.py
+++ b/src/lightning_utilities/__about__.py
@@ -1,6 +1,6 @@
 import time
 
-__version__ = "0.11.7"
+__version__ = "0.11.8"
 __author__ = "Lightning AI et al."
 __author_email__ = "pytorch@lightning.ai"
 __license__ = "Apache-2.0"