diff --git a/CHANGELOG.rst b/CHANGELOG.rst
index 587a193..df3233a 100644
--- a/CHANGELOG.rst
+++ b/CHANGELOG.rst
@@ -1,6 +1,15 @@
 django-storages change log
 ==========================
 
+1.1.8 (2013-03-31)
+******************
+
+* Fixes `#156`_ regarding date parsing, ValueError when running collectstatic
+* Proper handling of boto dev version parsing
+* Made SFTP URLs accessible, now uses settings.MEDIA_URL instead of sftp://
+
+.. _#156: https://bitbucket.org/david/django-storages/issue/156/s3boto-backend-valueerror-time-data-thu-07
+
 1.1.7 (2013-03-20)
 ******************
 
diff --git a/storages/__init__.py b/storages/__init__.py
index 9910ac2..f0be139 100644
--- a/storages/__init__.py
+++ b/storages/__init__.py
@@ -1 +1 @@
-__version__ = '1.1.7'
+__version__ = '1.1.8'