diff --git a/CHANGELOG.rst b/CHANGELOG.rst
index 5b35b749a7fd..d4d52a51641b 100644
--- a/CHANGELOG.rst
+++ b/CHANGELOG.rst
@@ -20,12 +20,18 @@ The format is based on `Keep a Changelog`_.
 `UNRELEASED`_
 =============
 
+
+`0.7.2`_ - 2019-05-01
+=====================
+
+
 Fixed
 -----
 
 - A potential issue where the backend configuration schema validation would
   improperly reject valid responses from the API (#2258)
 
+
 `0.7.1`_ - 2019-03-04
 =====================
 
@@ -889,7 +895,8 @@ Fixed
 - Correct operator precedence when parsing expressions (#190).
 - Fix "math domain error" in mapping (#111, #151).
 
-.. _UNRELEASED: https://github.com/Qiskit/qiskit-terra/compare/0.7.1...HEAD
+.. _UNRELEASED: https://github.com/Qiskit/qiskit-terra/compare/0.7.2...HEAD
+.. _0.7.1: https://github.com/Qiskit/qiskit-terra/compare/0.7.1...0.7.2
 .. _0.7.1: https://github.com/Qiskit/qiskit-terra/compare/0.7.0...0.7.1
 .. _0.7.0: https://github.com/Qiskit/qiskit-terra/compare/0.6.0...0.7.0
 .. _0.6.0: https://github.com/Qiskit/qiskit-terra/compare/0.5.7...0.6.0
diff --git a/qiskit/VERSION.txt b/qiskit/VERSION.txt
index 39e898a4f952..7486fdbc50b3 100644
--- a/qiskit/VERSION.txt
+++ b/qiskit/VERSION.txt
@@ -1 +1 @@
-0.7.1
+0.7.2
diff --git a/setup.py b/setup.py
index c9e85a943d5d..f972b4be25bb 100755
--- a/setup.py
+++ b/setup.py
@@ -89,7 +89,7 @@ def has_ext_modules(self):
 
 setup(
     name="qiskit-terra",
-    version="0.7.1",
+    version="0.7.2",
     description="Software for developing quantum computing programs",
     long_description="""Terra provides the foundations for Qiskit. It allows the user to write 
         quantum circuits easily, and takes care of the constraints of real hardware.""",