diff --git a/CHANGELOG.md b/CHANGELOG.md
index 05759616a..e9ef23295 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,8 @@
 # Changelog
 
+## 1.79.1 - 2018-02-27
+* [#401](https://github.com/stripe/stripe-python/pull/401) Drop conditional dependencies that incorrectly led to an added `simplejson` dependency in Python 3+ after switching to universal wheel
+
 ## 1.79.0 - 2018-02-23
 * [#397](https://github.com/stripe/stripe-python/pull/397) Build universal wheels by default
 * [#398](https://github.com/stripe/stripe-python/pull/398) Add support for `code` attribute on all Stripe exceptions
diff --git a/VERSION b/VERSION
index b3a8c61e6..3a76d1e78 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-1.79.0
+1.79.1
diff --git a/stripe/version.py b/stripe/version.py
index 5c7a3241a..7be220e9e 100644
--- a/stripe/version.py
+++ b/stripe/version.py
@@ -1 +1 @@
-VERSION = '1.79.0'
+VERSION = '1.79.1'