diff --git a/Lib/fontTools/__init__.py b/Lib/fontTools/__init__.py
index fe041cc..87b09d0 100644
--- a/Lib/fontTools/__init__.py
+++ b/Lib/fontTools/__init__.py
@@ -5,6 +5,6 @@
 
 log = logging.getLogger(__name__)
 
-version = __version__ = "3.5.0.dev0"
+version = __version__ = "3.5.0"
 
 __all__ = ["version", "log", "configLogger"]
diff --git a/NEWS b/NEWS
index 1d085ee..d0ac85f 100644
--- a/NEWS
+++ b/NEWS
@@ -1,3 +1,7 @@
+## TTX/FontTools Version 3.5.0
+
+2017-01-14
+
 - Font tables read from XML can now be written back to XML with no loss.
 - GSUB/GPOS LookupType is written out in XML as an element, not comment. (#792)
 - When parsing cmap table, do not store items mapped to glyph id 0. (#790)
diff --git a/setup.cfg b/setup.cfg
index 9b3de06..83c8091 100644
--- a/setup.cfg
+++ b/setup.cfg
@@ -1,5 +1,5 @@
 [bumpversion]
-current_version = 3.5.0.dev0
+current_version = 3.5.0
 commit = True
 tag = False
 tag_name = {new_version}
diff --git a/setup.py b/setup.py
index 7b4a181..1200b11 100755
--- a/setup.py
+++ b/setup.py
@@ -308,7 +308,7 @@
 
 setup(
 	name="fonttools",
-	version="3.5.0.dev0",
+	version="3.5.0",
 	description="Tools to manipulate font files",
 	author="Just van Rossum",
 	author_email="just@letterror.com",