diff --git a/CHANGELOG.md b/CHANGELOG.md
index 7e0e6b63417..20cc27c5f1b 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,14 +1,12 @@
 # Changelog
 
-## Version 0.38.1-SNAPSHOT
+## Version 0.39.0
 
-_release-date_
+_2020-10-07_
 
 * **Breaking:** Component.getScopedContext() access changed from public to package-private.
 
- * TBA
-
-For more details, see the [full diff](https://github.com/facebook/litho/compare/v0.38.0...master).
+For more details, see the [full diff](https://github.com/facebook/litho/compare/v0.38.0...v.39.0).
 
 
 ## Version 0.38.0
diff --git a/docs/_config.yml b/docs/_config.yml
index 94ddf62cb52..62a81e8c253 100644
--- a/docs/_config.yml
+++ b/docs/_config.yml
@@ -35,7 +35,7 @@ ghrepo: "facebook/litho"
 repository: "facebook/litho"
 
 # These can be used in documentation with e.g. {{site.litho-version}}
-litho-version: 0.38.0
+litho-version: 0.39.0
 litho-snapshot-version: 0.38.1-SNAPSHOT
 soloader-version: 0.9.0
 flipper-version: 0.46.0
diff --git a/gradle.properties b/gradle.properties
index c931d0aa93a..e5e6c28f6b6 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -14,7 +14,7 @@
 
 # Project-wide Gradle settings.
 
-VERSION_NAME=0.38.1-SNAPSHOT
+VERSION_NAME=0.39.0
 GROUP=com.facebook.litho
 POM_URL=https://github.com/facebook/litho
 POM_SCM_URL=https://github.com/facebook/litho.git