diff --git a/build.xml b/build.xml
index 408b1767d0..74002e2a3a 100644
--- a/build.xml
+++ b/build.xml
@@ -49,7 +49,7 @@
     <property name="test.long.src" value="${test.dir}/long"/>
     <property name="test.distributed.src" value="${test.dir}/distributed"/>
     <property name="dist.dir" value="${build.dir}/dist"/>
-    <property name="base.version" value="0.7.3"/>
+    <property name="base.version" value="0.7.4"/>
     <condition property="version" value="${base.version}">
       <isset property="release"/>
     </condition>
diff --git a/debian/changelog b/debian/changelog
index 1e17a597b7..f2df6be923 100644
--- a/debian/changelog
+++ b/debian/changelog
@@ -1,3 +1,9 @@
+cassandra (0.7.4) unstable; urgency=low
+
+  * New stable point release.
+
+ -- Eric Evans <eevans@apache.org>  Fri, 11 Mar 2011 17:39:11 -0600
+
 cassandra (0.7.3) unstable; urgency=low
 
   * New stable point release.