diff --git a/RELEASE b/RELEASE
index a0e1a85613..b5019e3940 100644
--- a/RELEASE
+++ b/RELEASE
@@ -1,6 +1,6 @@
 # Generated by `make release` command.
 # DO NOT EDIT.
-tag: v0.48.9
+tag: v0.49.0
 
 releaseNoteGenerator:
   showCommitter: false