diff --git a/CHANGELOG.md b/CHANGELOG.md
index 63ed8df..ea8012f 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,9 @@
 ## Release Notes
 
+### 4.7.0
+_Feature_
+- it is now possible to use the ${env:VARIBALE} syntax in all configuration properties of the extension
+
 ### 4.6.2
 _Bugfix_
 - fixed endless loop of cleartool command in case of an error
diff --git a/package.json b/package.json
index f148855..e5fde98 100644
--- a/package.json
+++ b/package.json
@@ -2,7 +2,7 @@
   "name": "vscode-clearcase",
   "displayName": "Unofficial ClearCase SCM Commands",
   "description": "Unofficial support for IBM Rational ClearCase most common commands",
-  "version": "4.6.2",
+  "version": "4.7.0",
   "publisher": "OpenNingia",
   "license": "MIT",
   "repository": {