diff --git a/CHANGES b/CHANGES
index 6af237189..ef4fe78b4 100644
--- a/CHANGES
+++ b/CHANGES
@@ -1,17 +1,5 @@
-Release 1.7.4 (in development)
-==============================
-
-Dependencies
-------------
-
-Incompatible changes
---------------------
-
-Deprecated
-----------
-
-Features added
---------------
+Release 1.7.4 (released Apr 25, 2018)
+=====================================
 
 Bugs fixed
 ----------
@@ -19,9 +7,6 @@ Bugs fixed
 * #4885, #4887: domains: Crashed with duplicated objects
 * #4889: latex: sphinx.writers.latex causes recusrive import
 
-Testing
---------
-
 Release 1.7.3 (released Apr 23, 2018)
 =====================================
 
diff --git a/sphinx/__init__.py b/sphinx/__init__.py
index 28da450cb..1c276d66a 100644
--- a/sphinx/__init__.py
+++ b/sphinx/__init__.py
@@ -31,13 +31,13 @@ if 'PYTHONWARNINGS' not in os.environ:
 warnings.filterwarnings('ignore', "'U' mode is deprecated",
                         DeprecationWarning, module='docutils.io')
 
-__version__ = '1.7.4+'
+__version__ = '1.7.4'
 __released__ = '1.7.4'  # used when Sphinx builds its own docs
 
 # version info for better programmatic use
 # possible values for 3rd element: 'alpha', 'beta', 'rc', 'final'
 # 'final' has 0 as the last element
-version_info = (1, 7, 4, 'beta', 0)
+version_info = (1, 7, 4, 'final', 0)
 
 package_dir = path.abspath(path.dirname(__file__))