diff --git a/CHANGELOG.md b/CHANGELOG.md
index f32b5c07e01..c3e07653a36 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -4,7 +4,7 @@ Entries in this change log follow the format suggested at http://keepachangelog.
 
 # Change Log
 
-## [Unreleased]
+## [0.54.0] - 2017-02-03
 
 ### Changed
 
diff --git a/npm-shrinkwrap.json b/npm-shrinkwrap.json
index 8067d2ab049..321222be2c6 100644
--- a/npm-shrinkwrap.json
+++ b/npm-shrinkwrap.json
@@ -1,6 +1,6 @@
 {
   "name": "hypothesis",
-  "version": "0.53.0",
+  "version": "0.54.0",
   "dependencies": {
     "abbrev": {
       "version": "1.0.7",
diff --git a/package.json b/package.json
index 6f6629e9fcc..1a5ce645980 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "hypothesis",
-  "version": "0.53.0",
+  "version": "0.54.0",
   "description": "Annotate with anyone, anywhere.",
   "license": "BSD-2-Clause",
   "homepage": "https://hypothes.is",