diff --git a/docs/main/changelog.rst b/docs/main/changelog.rst
index 42d5e41e..14d002be 100644
--- a/docs/main/changelog.rst
+++ b/docs/main/changelog.rst
@@ -7,8 +7,8 @@ that were made in every particular version.
 From version 0.7.6 *Dependency Injector* framework strictly 
 follows `Semantic versioning`_
 
-Development version
--------------------
+4.16.0
+------
 - Add container base class ``containers.Container``. ``DynamicContainer``
   and ``DeclarativeContainer`` become subclasses of the ``Container``.
   See issue: `#386 <https://github.com/ets-labs/python-dependency-injector/issues/386>`_.
diff --git a/src/dependency_injector/__init__.py b/src/dependency_injector/__init__.py
index 000d03f7..95c3b864 100644
--- a/src/dependency_injector/__init__.py
+++ b/src/dependency_injector/__init__.py
@@ -1,6 +1,6 @@
 """Top-level package."""
 
-__version__ = '4.15.0'
+__version__ = '4.16.0'
 """Version number.
 
 :type: str