diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index aeda91d..9995fe5 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1,3 +1,3 @@
 {
-  ".": "7.0.0"
+  ".": "7.0.1"
 }
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 80cb9fb..15fc7e8 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,14 @@
 # Changelog
 
+## [7.0.1](https://github.com/Flagsmith/flagsmith-engine/compare/v7.0.0...v7.0.1) (2025-09-11)
+
+### Bug Fixes
+
+- Incorrect `TARGETING_MATCH` reasons ([#258](https://github.com/Flagsmith/flagsmith-engine/issues/258))
+  ([3f12e5f](https://github.com/Flagsmith/flagsmith-engine/commit/3f12e5faa67636af7f7016eec673088959f8017b))
+- PERCENTAGE_SPLIT working for undefined keys ([#256](https://github.com/Flagsmith/flagsmith-engine/issues/256))
+  ([fa37c6c](https://github.com/Flagsmith/flagsmith-engine/commit/fa37c6ca52632030ea307347cf529c774ef6d198))
+
 ## [7.0.0](https://github.com/Flagsmith/flagsmith-engine/compare/v6.1.0...v7.0.0) (2025-09-01)
 
 ### ⚠ BREAKING CHANGES
diff --git a/setup.py b/setup.py
index 9da11f0..a381d45 100644
--- a/setup.py
+++ b/setup.py
@@ -2,7 +2,7 @@
 
 setup(
     name="flagsmith-flag-engine",
-    version="7.0.0",
+    version="7.0.1",
     author="Flagsmith",
     author_email="support@flagsmith.com",
     packages=find_packages(include=["flag_engine", "flag_engine.*"]),