Release 4.33.1
diff --git a/Lib/fontTools/__init__.py b/Lib/fontTools/__init__.py
index 56abd5a..efdd3c5 100644
--- a/Lib/fontTools/__init__.py
+++ b/Lib/fontTools/__init__.py
@@ -3,6 +3,6 @@
 
 log = logging.getLogger(__name__)
 
-version = __version__ = "4.33.1.dev0"
+version = __version__ = "4.33.1"
 
 __all__ = ["version", "log", "configLogger"]
diff --git a/NEWS.rst b/NEWS.rst
index c257f22..ec2feea 100644
--- a/NEWS.rst
+++ b/NEWS.rst
@@ -1,3 +1,6 @@
+4.33.1 (released 2022-04-22)
+----------------------------
+
 - [otlLib] Put back the ``FONTTOOLS_GPOS_COMPACT_MODE`` environment variable to fix
   regression in ufo2ft (and thus fontmake) introduced with v4.33.0 (#2592, #2593).
   This is deprecated and will be removed one ufo2ft gets updated to use the new
diff --git a/setup.cfg b/setup.cfg
index acf8572..f4c0ae3 100644
--- a/setup.cfg
+++ b/setup.cfg
@@ -1,5 +1,5 @@
 [bumpversion]
-current_version = 4.33.1.dev0
+current_version = 4.33.1
 commit = True
 tag = False
 tag_name = {new_version}
diff --git a/setup.py b/setup.py
index ed03ef5..489ba09 100755
--- a/setup.py
+++ b/setup.py
@@ -443,7 +443,7 @@
 
 setup_params = dict(
 	name="fonttools",
-	version="4.33.1.dev0",
+	version="4.33.1",
 	description="Tools to manipulate font files",
 	author="Just van Rossum",
 	author_email="just@letterror.com",