diff --git a/CHANGELOG.md b/CHANGELOG.md
index f84e9b408..82efa67ad 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -7,6 +7,17 @@ and Yorkie adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0.html)
 
 ## [Unreleased]
 
+## [0.4.9] - 2023-11-25
+
+### Added
+* Implement merge elements in Tree.Edit by @hackerwins in https://github.com/yorkie-team/yorkie/pull/659
+* Add PushPull benchmark test by @sejongk in https://github.com/yorkie-team/yorkie/pull/658
+* Setup Dependabot by @jongwooo in https://github.com/yorkie-team/yorkie/pull/675
+
+### Changed
+* Bump up golangci-lint and fix lint errors by @hackerwins in https://github.com/yorkie-team/yorkie/pull/660
+* Modify converter to allow setting values for object and array by @chacha912 and @hackerwins in https://github.com/yorkie-team/yorkie/pull/687
+
 ## [0.4.8] - 2023-11-01
 
 ### Changed
diff --git a/Makefile b/Makefile
index 28541ba05..f211cca51 100644
--- a/Makefile
+++ b/Makefile
@@ -1,4 +1,4 @@
-YORKIE_VERSION := 0.4.8
+YORKIE_VERSION := 0.4.9
 
 GO_PROJECT = github.com/yorkie-team/yorkie
 
diff --git a/build/charts/yorkie-cluster/Chart.yaml b/build/charts/yorkie-cluster/Chart.yaml
index 23f660dad..d352acd3c 100644
--- a/build/charts/yorkie-cluster/Chart.yaml
+++ b/build/charts/yorkie-cluster/Chart.yaml
@@ -13,8 +13,8 @@ maintainers:
 
 sources:
   - https://github.com/yorkie-team/yorkie
-version: 0.4.8
-appVersion: "0.4.8"
+version: 0.4.9
+appVersion: "0.4.9"
 kubeVersion: ">=1.23.0-0"
 
 keywords: