diff --git a/NEWS b/NEWS
index 0bfcf96..62a3158 100644
--- a/NEWS
+++ b/NEWS
@@ -1,3 +1,11 @@
+* fuse-overlayfs-0.7.4
+
+- fix fallocate for deleted files.
+- ignore O_DIRECT.  It causes issues with libfuse not using an aligned buffer, causing
+  write(2) to fail with EINVAL.
+- on copyup, do not copy the opaque xattr.
+- fix a wrong lookup for whiteout files, that could happen on a double unlink.
+
 * fuse-overlayfs-0.7.3
 
 - fix build with -fno-common
diff --git a/configure.ac b/configure.ac
index 185bbe4..a834021 100644
--- a/configure.ac
+++ b/configure.ac
@@ -1,5 +1,5 @@
 AC_PREREQ([2.69])
-AC_INIT([fuse-overlayfs], [0.7.3], [giuseppe@scrivano.org])
+AC_INIT([fuse-overlayfs], [0.7.4], [giuseppe@scrivano.org])
 AC_CONFIG_SRCDIR([main.c])
 AC_CONFIG_HEADERS([config.h])