diff --git a/CHANGELOG.md b/CHANGELOG.md
new file mode 100644
index 000000000..daece8bb1
--- /dev/null
+++ b/CHANGELOG.md
@@ -0,0 +1,9 @@
+## [Unreleased]
+
+### New features
+
+### Fixes and improvements
+
+## [v1.0.0](https://github.com/OpenNMT/CTranslate2/releases/tag/v1.0.0) (2019-09-23)
+
+First stable release.
diff --git a/python/setup.py b/python/setup.py
index 7dcb7a7fc..a42540153 100644
--- a/python/setup.py
+++ b/python/setup.py
@@ -25,7 +25,7 @@ def _maybe_add_library_root(lib_name):
 
 setup(
     name="ctranslate2",
-    version="0.1.0",
+    version="1.0.0",
     packages=find_packages(exclude=["bin"]),
     ext_modules=[ctranslate2_module],
     install_requires=[