diff --git a/VERSION.cmake b/VERSION.cmake
index c03cc5e..d278e5b 100644
--- a/VERSION.cmake
+++ b/VERSION.cmake
@@ -44,10 +44,10 @@
 #    set COMPATMINOR to MINOR. (binary incompatible change)
 #
 
-# Package version 2.4.7
+# Package version 2.4.8
 SET(OPENWSMAN_MAJOR "2")
 SET(OPENWSMAN_MINOR "4")
-SET(OPENWSMAN_PATCH "7")
+SET(OPENWSMAN_PATCH "8")
 
 # Plugin API 2.2
 SET(OPENWSMAN_PLUGIN_API_MAJOR "2")