diff --git a/CHANGES.drake b/CHANGES.drake
index 25abd3311..3d0ec2fd1 100644
--- a/CHANGES.drake
+++ b/CHANGES.drake
@@ -1,6 +1,10 @@
 
 = Drake Changelog
 
+== Version 0.8.7.0.2.4
+
+* Fix for kite-shaped dep graphs; based on a patch by Heath Kehoe.
+
 == Version 0.8.7.0.2.3
 
 * update from mainline branch
diff --git a/lib/rake.rb b/lib/rake.rb
index 1191069ab..9db19813c 100755
--- a/lib/rake.rb
+++ b/lib/rake.rb
@@ -29,7 +29,7 @@
 # as a library via a require statement, but it can be distributed
 # independently as an application.
 
-RAKEVERSION = '0.8.7.0.2.3'
+RAKEVERSION = '0.8.7.0.2.4'
 
 require 'rbconfig'
 require 'fileutils'