diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index d7e68b3d..62f0dbcd 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1,3 +1,3 @@
 {
-    ".": "4.8.0"
+    ".": "4.8.1"
 }
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 03dad61c..80513123 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -7,6 +7,19 @@ and this project adheres to [Semantic Versioning](http://semver.org/) using [Con
 
 Since `v4.6.0`, we have switched to automated releases and this file does not need to be manually updated.
 
+## [4.8.1](https://github.com/nwutils/nw-builder/compare/v4.8.0...v4.8.1) (2024-08-05)
+
+
+### Bug Fixes
+
+* **bld:** maintain cwd when using managedManifest or nativeAddon ([#1187](https://github.com/nwutils/nw-builder/issues/1187)) ([40223db](https://github.com/nwutils/nw-builder/commit/40223db6af75651618df7f3099b99191faa11f24)), closes [#1186](https://github.com/nwutils/nw-builder/issues/1186)
+
+
+### Chores
+
+* **deps:** bump the npm group across 1 directory with 6 updates ([#1185](https://github.com/nwutils/nw-builder/issues/1185)) ([f4c0822](https://github.com/nwutils/nw-builder/commit/f4c08224c7651b3eecf2353a7a50fd7cf240c2f0))
+* **deps:** remove unused cli-progress package ([8f4e07d](https://github.com/nwutils/nw-builder/commit/8f4e07dfbda348fcc832694d346be7616bfb1f4b))
+
 ## [4.8.0](https://github.com/nwutils/nw-builder/compare/v4.7.8...v4.8.0) (2024-07-27)
 
 
diff --git a/package-lock.json b/package-lock.json
index 786ff029..4b551c01 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -1,12 +1,12 @@
 {
   "name": "nw-builder",
-  "version": "4.8.0",
+  "version": "4.8.1",
   "lockfileVersion": 3,
   "requires": true,
   "packages": {
     "": {
       "name": "nw-builder",
-      "version": "4.8.0",
+      "version": "4.8.1",
       "hasInstallScript": true,
       "license": "MIT",
       "dependencies": {
diff --git a/package.json b/package.json
index fe798517..c7623e77 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "nw-builder",
-  "version": "4.8.0",
+  "version": "4.8.1",
   "description": "Build NW.js desktop applications for MacOS, Windows and Linux.",
   "keywords": [
     "NW.js",