diff --git a/RELEASE.rst b/RELEASE.rst
index 147505187..adc86f93f 100644
--- a/RELEASE.rst
+++ b/RELEASE.rst
@@ -1,6 +1,15 @@
 Release Notes
 =============
 
+Version 1.118.0
+---------------
+
+- Fix issues with Mailchimp newsletter signup (#1469)
+- Update dependency commander to v12 (#1356)
+- Update dependency @sentry/browser to v7 [SECURITY] (#1450)
+- Update dependency isomorphic-fetch to v3 (#1464)
+- added condition to include nav item only if url is not empty (#1449)
+
 Version 1.117.2 (Released November 08, 2024)
 ---------------
 
diff --git a/package.json b/package.json
index 6e172d57f..733da1611 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "ocw-hugo-themes",
-  "version": "1.117.2",
+  "version": "1.118.0",
   "description": "A Hugo theme for building OCW websites",
   "repository": "mitodl/ocw-hugo-themes",
   "main": "base-theme/assets/index.js",