diff --git a/django/__init__.py b/django/__init__.py
index 18700b6f58..ad2e79dae8 100644
--- a/django/__init__.py
+++ b/django/__init__.py
@@ -1,4 +1,4 @@
-VERSION = (1, 4, 7, 'alpha', 0)
+VERSION = (1, 4, 7, 'final', 0)
 
 def get_version(version=None):
     """Derives a PEP386-compliant version number from VERSION."""
diff --git a/docs/conf.py b/docs/conf.py
index 4b819280b6..fde4a58d9a 100644
--- a/docs/conf.py
+++ b/docs/conf.py
@@ -50,9 +50,9 @@ copyright = 'Django Software Foundation and contributors'
 # built documents.
 #
 # The short X.Y version.
-version = '1.4.6'
+version = '1.4.7'
 # The full version, including alpha/beta/rc tags.
-release = '1.4.6'
+release = '1.4.7'
 # The next version to be released
 django_next_version = '1.5'
 
diff --git a/setup.py b/setup.py
index fbab917f2f..91fe94a16a 100644
--- a/setup.py
+++ b/setup.py
@@ -75,7 +75,7 @@ setup(
     author = 'Django Software Foundation',
     author_email = 'foundation@djangoproject.com',
     description = 'A high-level Python Web framework that encourages rapid development and clean, pragmatic design.',
-    download_url = 'https://www.djangoproject.com/m/releases/1.4/Django-1.4.6.tar.gz',
+    download_url = 'https://www.djangoproject.com/m/releases/1.4/Django-1.4.7.tar.gz',
     packages = packages,
     cmdclass = cmdclasses,
     data_files = data_files,