diff --git a/CHANGELOG.md b/CHANGELOG.md
index eb65a5316..692249f2e 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -5,11 +5,11 @@ All notable changes to this project will be documented in this file.
 The format is based on [Keep a Changelog](https://keepachangelog.com/en/1.0.0/),
 and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0.html).
 
-## [Unreleased]
+## [12.4.0] - 2022-05-07
 
 ### Changed
 
-- Change SVG export to create a simpler SVG
+- Rebuilt SVG export to create a simpler SVG that is more portable
 - Fix render_lines crash when render height was negative https://github.com/Textualize/rich/pull/2246
 
 ### Added
@@ -1730,7 +1730,8 @@ Major version bump for a breaking change to `Text.stylize signature`, which corr
 
 - First official release, API still to be stabilized
 
-[unreleased]: https://github.com/willmcgugan/rich/compare/v12.3.0...HEAD
+[unreleased]: https://github.com/willmcgugan/rich/compare/v12.4.0...HEAD
+[12.4.0]: https://github.com/willmcgugan/rich/compare/v12.3.0...v12.4.0
 [12.3.0]: https://github.com/willmcgugan/rich/compare/v12.2.0...v12.3.0
 [12.2.0]: https://github.com/willmcgugan/rich/compare/v12.1.0...v12.2.0
 [12.1.0]: https://github.com/willmcgugan/rich/compare/v12.0.1...v12.1.0
diff --git a/pyproject.toml b/pyproject.toml
index 024266cd0..8c84fff9b 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -2,7 +2,7 @@
 name = "rich"
 homepage = "https://github.com/willmcgugan/rich"
 documentation = "https://rich.readthedocs.io/en/latest/"
-version = "12.3.0"
+version = "12.4.0"
 description = "Render rich text, tables, progress bars, syntax highlighting, markdown and more to the terminal"
 authors = ["Will McGugan <willmcgugan@gmail.com>"]
 license = "MIT"