diff --git a/CHANGELOG.md b/CHANGELOG.md
index 5108d36..bcd50da 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,13 @@
+## 0.8.0-rc1 / 2018-10-11
+
+* [ENHANCEMENT] Speed up glob matching ([#157](https://github.com/prometheus/statsd_exporter/pull/157))
+
+This release replaces the implementation of the glob matching mechanism,
+speeding it up significantly. In certain sub-optimal configurations, a warning
+is logged.
+
+This major enhancement was contributed by [Wangchong Zhou](https://github.com/fffonion).
+
 ## 0.7.0 / 2018-08-22
 
 This is a breaking release, but the migration is easy: command line flags now
diff --git a/VERSION b/VERSION
index faef31a..d1a470b 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-0.7.0
+0.8.0-rc1