diff --git a/RELEASE-NOTES b/RELEASE-NOTES
index 0725ce2..1791741 100644
--- a/RELEASE-NOTES
+++ b/RELEASE-NOTES
@@ -1,6 +1,13 @@
 Release Notes; upgrade information mainly.
 Features/major bugfixes are listed in NEWS
 
+portage-2.3.50
+==================================
+* Bug Fixes:
+    - Bug 662070 sync-rcu support for rsync
+    - Bug 666940 portdbapi: add async_xmatch method
+
+
 portage-2.3.49
 ==================================
 * Bug Fixes:
diff --git a/setup.py b/setup.py
index 8c45154..b8ade6f 100755
--- a/setup.py
+++ b/setup.py
@@ -662,7 +662,7 @@
 
 setup(
 	name = 'portage',
-	version = '2.3.49',
+	version = '2.3.50',
 	url = 'https://wiki.gentoo.org/wiki/Project:Portage',
 	author = 'Gentoo Portage Development Team',
 	author_email = 'dev-portage@gentoo.org',