diff --git a/CHANGELOG.md b/CHANGELOG.md
index 6048fe6..4cfbf4e 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,14 @@
 # Changelog
 
+## 0.7.1 (2017-05-09)
+
+* Fix: Reject promise for invalid URI passed to ConnectionManagerSelective
+  (#19 by @clue)
+
+* Feature: Forward compatibility with upcoming Socket v1.0 and v0.8 and
+  upcoming EventLoop v1.0 and v0.5
+  (#18 and #20 by @clue)
+
 ## 0.7.0 (2017-04-10)
 
 * Feature / BC break: Replace deprecated SocketClient with new Socket component
diff --git a/README.md b/README.md
index 7840fca..dfffd7b 100644
--- a/README.md
+++ b/README.md
@@ -203,7 +203,7 @@ The recommended way to install this library is [through Composer](http://getcomp
 This will install the latest supported version:
 
 ```bash
-$ composer require clue/connection-manager-extra:^0.7
+$ composer require clue/connection-manager-extra:^0.7.1
 ```
 
 See also the [CHANGELOG](CHANGELOG.md) for more details about version upgrades.