diff --git a/core/java/src/net/i2p/CoreVersion.java b/core/java/src/net/i2p/CoreVersion.java
index 6b3f02efab..972b879667 100644
--- a/core/java/src/net/i2p/CoreVersion.java
+++ b/core/java/src/net/i2p/CoreVersion.java
@@ -15,7 +15,7 @@
  */
 public class CoreVersion {
     public final static String ID = "$Revision: 1.72 $ $Date: 2008-08-24 12:00:00 $";
-    public final static String VERSION = "0.7.3";
+    public final static String VERSION = "0.7.4";
 
     public static void main(String args[]) {
         System.out.println("I2P Core version: " + VERSION);
diff --git a/history.txt b/history.txt
index 27ac8c8d85..7f2f9f9ab6 100644
--- a/history.txt
+++ b/history.txt
@@ -1,3 +1,8 @@
+* 2009-06-12  0.7.4 released
+
+2009-06-12 Complication
+    * Update versions, package release
+
 2009-06-09 zzz
     * NTCP: Fix startup race NPE (thanks postman!)
 
diff --git a/initialNews.xml b/initialNews.xml
index a07ac5b6e1..0a2c5b12b3 100644
--- a/initialNews.xml
+++ b/initialNews.xml
@@ -1,5 +1,5 @@
-<i2p.news date="$Date: 2009-05-16 00:00:00 $">
- <i2p.release version="0.7.3" date="2009/05/16" minVersion="0.6"
+<i2p.news date="$Date: 2009-06-12 00:00:00 $">
+ <i2p.release version="0.7.4" date="2009/06/12" minVersion="0.6"
             />
 <center><h2>Congratulations on getting I2P installed!</h2></center>
 <ul>
diff --git a/installer/install.xml b/installer/install.xml
index e4149c4b1e..1cbafba303 100644
--- a/installer/install.xml
+++ b/installer/install.xml
@@ -4,7 +4,7 @@
 
     <info>
         <appname>i2p</appname>
-        <appversion>0.7.3</appversion>
+        <appversion>0.7.4</appversion>
         <authors>
             <author name="I2P" email="http://forum.i2p2.de/"/>
         </authors>
diff --git a/news.xml b/news.xml
index 6b51926b5a..e03588a6ef 100644
--- a/news.xml
+++ b/news.xml
@@ -1,5 +1,5 @@
-<i2p.news date="$Date: 2009-05-16 00:00:00 $">
- <i2p.release version="0.7.3" date="2009/05/16" minVersion="0.6"
+<i2p.news date="$Date: 2009-06-12 00:00:00 $">
+ <i2p.release version="0.7.4" date="2009/06/12" minVersion="0.6"
               anonurl="http://i2p/NF2RLVUxVulR3IqK0sGJR0dHQcGXAzwa6rEO4WAWYXOHw-DoZhKnlbf1nzHXwMEJoex5nFTyiNMqxJMWlY54cvU~UenZdkyQQeUSBZXyuSweflUXFqKN-y8xIoK2w9Ylq1k8IcrAFDsITyOzjUKoOPfVq34rKNDo7fYyis4kT5bAHy~2N1EVMs34pi2RFabATIOBk38Qhab57Umpa6yEoE~rbyR~suDRvD7gjBvBiIKFqhFueXsR2uSrPB-yzwAGofTXuklofK3DdKspciclTVzqbDjsk5UXfu2nTrC1agkhLyqlOfjhyqC~t1IXm-Vs2o7911k7KKLGjB4lmH508YJ7G9fLAUyjuB-wwwhejoWqvg7oWvqo4oIok8LG6ECR71C3dzCvIjY2QcrhoaazA9G4zcGMm6NKND-H4XY6tUWhpB~5GefB3YczOqMbHq4wi0O9MzBFrOJEOs3X4hwboKWANf7DT5PZKJZ5KorQPsYRSq0E3wSOsFCSsdVCKUGsAAAA/i2p/i2pupdate.sud"
               publicurl="http://dev.i2p.net/i2p/i2pupdate.sud"
               anonannouncement="http://i2p/NF2RLVUxVulR3IqK0sGJR0dHQcGXAzwa6rEO4WAWYXOHw-DoZhKnlbf1nzHXwMEJoex5nFTyiNMqxJMWlY54cvU~UenZdkyQQeUSBZXyuSweflUXFqKN-y8xIoK2w9Ylq1k8IcrAFDsITyOzjUKoOPfVq34rKNDo7fYyis4kT5bAHy~2N1EVMs34pi2RFabATIOBk38Qhab57Umpa6yEoE~rbyR~suDRvD7gjBvBiIKFqhFueXsR2uSrPB-yzwAGofTXuklofK3DdKspciclTVzqbDjsk5UXfu2nTrC1agkhLyqlOfjhyqC~t1IXm-Vs2o7911k7KKLGjB4lmH508YJ7G9fLAUyjuB-wwwhejoWqvg7oWvqo4oIok8LG6ECR71C3dzCvIjY2QcrhoaazA9G4zcGMm6NKND-H4XY6tUWhpB~5GefB3YczOqMbHq4wi0O9MzBFrOJEOs3X4hwboKWANf7DT5PZKJZ5KorQPsYRSq0E3wSOsFCSsdVCKUGsAAAA/pipermail/i2p/2005-September/000878.html" 
@@ -11,22 +11,22 @@
             publiclogs="http://www.i2p.net/meeting141" />
 <p>
 &#149;
-2009-05-16: <b>0.7.3 <a href="http://www.i2p2.i2p/release-0.7.3.html">Released</a></b>
+2009-06-12: <b>0.7.4 <a href="http://www.i2p2.i2p/release-0.7.4.html">Released</a></b>
 </p><p>
-I2P version 0.7.3 contains several buxfixes and improvements,
-includes a lot of maintenance work and new versions of
-both the SAM and BOB application gateway protocols.
+I2P version 0.7.4 introduces notable new features
+like GeoIP capability and UPnP support. While the former
+can become a basis for geographically aware tunnel-building,
+the latter should immediately enable more routers to accept
+inbound TCP connections, helping distribute workload more evenly.
 </p><p>
-A patch to I2P's internal web server Jetty is included
-to correct SusiDNS behaviour on Windows. The way I2P nodes
-volunteer to participate in the Network Database is changed
-to avoid too many doing this simultaneously, and creation
-of new participating tunnels is now throttled before messages
-in existing tunnels start to get dropped.
+Inbound NTCP is now enabled automaticaly if the router
+does not appear firewalled, and default bandwidth limits
+for new installations are increased.
 </p><p>
-Multiple improvements to the Router Console and other components
-are included, I2PSnark can handle bigger torrents and more files,
-while work continues on the experimental desktop interface.
-Updating is recommended.
+In addition, multiple bugfixes and updates are included,
+addressing issues with the NTCP transport, BOB protocol,
+connection limiting, behaviour of new I2PTunnel options
+and the SusiDNS user interface. Improvements to the Router Console
+are likewise included. Updating is recommended.
 </p>
 </i2p.news>
diff --git a/router/java/src/net/i2p/router/RouterVersion.java b/router/java/src/net/i2p/router/RouterVersion.java
index 2a0f94da6c..8aa072fcf9 100644
--- a/router/java/src/net/i2p/router/RouterVersion.java
+++ b/router/java/src/net/i2p/router/RouterVersion.java
@@ -18,9 +18,9 @@ public class RouterVersion {
     /** deprecated */
     public final static String ID = "Monotone";
     public final static String VERSION = CoreVersion.VERSION;
-    public final static long BUILD = 19;
+    public final static long BUILD = 0;
     /** for example "-test" */
-    public final static String EXTRA = "-rc";
+    public final static String EXTRA = "";
     public final static String FULL_VERSION = VERSION + "-" + BUILD + EXTRA;
     public static void main(String args[]) {
         System.out.println("I2P Router version: " + FULL_VERSION);