diff --git a/configure.ac b/configure.ac
index 921e2f197e832857fdf8752a970a6624fd89527a..9abfa4b4873d558755dc63f9de2561122dbd464f 100644
--- a/configure.ac
+++ b/configure.ac
@@ -4,7 +4,7 @@ dnl Copyright (c) 2007-2019, The Tor Project, Inc.
 dnl See LICENSE for licensing information
 
 AC_PREREQ([2.63])
-AC_INIT([tor],[0.4.3.7-dev])
+AC_INIT([tor],[0.4.3.8])
 AC_CONFIG_SRCDIR([src/app/main/tor_main.c])
 AC_CONFIG_MACRO_DIR([m4])
 
@@ -16,7 +16,7 @@ configure_flags="$*"
 # version number changes.  Tor uses it to make sure that it
 # only shuts down for missing "required protocols" when those protocols
 # are listed as required by a consensus after this date.
-AC_DEFINE(APPROX_RELEASE_DATE, ["2020-11-12"], # for 0.4.3.7-dev
+AC_DEFINE(APPROX_RELEASE_DATE, ["2021-01-28"], # for 0.4.3.8
           [Approximate date when this software was released. (Updated when the version changes.)])
 
 # "foreign" means we don't follow GNU package layout standards
diff --git a/contrib/win32build/tor-mingw.nsi.in b/contrib/win32build/tor-mingw.nsi.in
index e3f8be0b86c0946e7b18fca4e7e7feba5d1424bf..347b7811160381894bef70b277588ebfdab8689d 100644
--- a/contrib/win32build/tor-mingw.nsi.in
+++ b/contrib/win32build/tor-mingw.nsi.in
@@ -8,7 +8,7 @@
 !include "LogicLib.nsh"
 !include "FileFunc.nsh"
 !insertmacro GetParameters
-!define VERSION "0.4.3.7-dev"
+!define VERSION "0.4.3.8"
 !define INSTALLER "tor-${VERSION}-win32.exe"
 !define WEBSITE "https://www.torproject.org/"
 !define LICENSE "LICENSE"
diff --git a/src/win32/orconfig.h b/src/win32/orconfig.h
index cfeffe581ca5f6c38df18ca6c0143a57deb2c584..ed85c09a71c6abf76153c0c912fea3a0ade25cc8 100644
--- a/src/win32/orconfig.h
+++ b/src/win32/orconfig.h
@@ -217,7 +217,7 @@
 #define USING_TWOS_COMPLEMENT
 
 /* Version number of package */
-#define VERSION "0.4.3.7-dev"
+#define VERSION "0.4.3.8"
 
 #define HAVE_STRUCT_SOCKADDR_IN6
 #define HAVE_STRUCT_IN6_ADDR