diff --git a/README.md b/README.md
index e66a9080..8821ab9c 100644
--- a/README.md
+++ b/README.md
@@ -11,7 +11,7 @@ It is a port of [shadowsocks](https://github.com/clowwindy/shadowsocks)
 created by [@clowwindy](https://github.com/clowwindy) maintained by 
 [@madeye](https://github.com/madeye) and [@linusyang](https://github.com/linusyang).
 
-Current version: 1.4.7 | [![Build Status](https://travis-ci.org/madeye/shadowsocks-libev.png?branch=master)](https://travis-ci.org/madeye/shadowsocks-libev) | [Changelog](Changes)
+Current version: 1.4.8 | [![Build Status](https://travis-ci.org/madeye/shadowsocks-libev.png?branch=master)](https://travis-ci.org/madeye/shadowsocks-libev) | [Changelog](Changes)
 
 Features
 --------
diff --git a/openwrt/Makefile b/openwrt/Makefile
index 7d9e72c2..674a2d63 100644
--- a/openwrt/Makefile
+++ b/openwrt/Makefile
@@ -1,7 +1,7 @@
 include $(TOPDIR)/rules.mk
 
 PKG_NAME:=shadowsocks-libev
-PKG_VERSION:=1.4.7
+PKG_VERSION:=1.4.8
 PKG_RELEASE=$(PKG_SOURCE_VERSION)
 
 PKG_SOURCE_URL:=https://github.com/madeye/shadowsocks-libev/archive