Bump version
diff --git a/HISTORY.rst b/HISTORY.rst
index 40a00e3..1114b03 100644
--- a/HISTORY.rst
+++ b/HISTORY.rst
@@ -1,6 +1,11 @@
 History
 =======
 
+0.7.1 (20-08-2014)
+__________________
+
+* Add support for gp2 ec2 instances
+
 0.7.0 (11-08-2014)
 __________________
 
diff --git a/setup.py b/setup.py
index 1da74dc..7fecfa3 100644
--- a/setup.py
+++ b/setup.py
@@ -20,7 +20,7 @@
 
 
 PROJECT = 'ec2stack'
-VERSION = '0.7'
+VERSION = '0.7.1'
 URL = 'http://github.com/imduffy15/ec2stack'
 AUTHOR = 'Darren Brogan, Ian Duffy'
 AUTHOR_EMAIL = 'brogand2@mail.dcu.ie, duffyi3@mail.dcu.ie'