diff --git a/Cargo.toml b/Cargo.toml
index 2c471fa..96a8623 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -8,7 +8,7 @@ categories = ["algorithms", "data-structures", "science", "no-std"]
 license = "MIT OR Apache-2.0"
 name = "num-rational"
 repository = "https://github.com/rust-num/num-rational"
-version = "0.4.0"
+version = "0.4.1"
 readme = "README.md"
 exclude = ["/bors.toml", "/ci/*", "/.github/*"]
 edition = "2018"
diff --git a/RELEASES.md b/RELEASES.md
index 7ea045b..9fa163c 100644
--- a/RELEASES.md
+++ b/RELEASES.md
@@ -1,3 +1,15 @@
+# Release 0.4.1 (2022-06-23)
+
+- [Fewer `clone` calls are used when reducing a new `Ratio<T>`][98].
+- [Conversions to floating point are better at avoiding underflow][104].
+- [`Ratio<T>` now implements `Default`][105], returning a zero value.
+
+**Contributors**: @cuviper, @lemmih, @MattX
+
+[98]: https://github.com/rust-num/num-rational/pull/98
+[104]: https://github.com/rust-num/num-rational/pull/104
+[105]: https://github.com/rust-num/num-rational/pull/105
+
 # Release 0.4.0 (2021-03-05)
 
 - The optional `num-bigint` dependency is now 0.4.