diff --git a/CHANGELOG.md b/CHANGELOG.md
index 79ad6fcfc87..97b12c5fb2b 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,8 @@
 
 ## master (unreleased)
 
+## 0.27.1 (08/11/2014)
+
 ### Changes
 
 * [#1343](https://github.com/bbatsov/rubocop/issues/1343): Remove auto-correct from `RescueException` cop. ([@bbatsov][])
diff --git a/lib/rubocop/version.rb b/lib/rubocop/version.rb
index 907aee1922f..dc1e708397d 100644
--- a/lib/rubocop/version.rb
+++ b/lib/rubocop/version.rb
@@ -3,7 +3,7 @@
 module RuboCop
   # This module holds the RuboCop version information.
   module Version
-    STRING = '0.27.0'
+    STRING = '0.27.1'
 
     MSG = '%s (using Parser %s, running on %s %s %s)'
 
diff --git a/relnotes/v0.27.1.md b/relnotes/v0.27.1.md
new file mode 100644
index 00000000000..f2dd6186756
--- /dev/null
+++ b/relnotes/v0.27.1.md
@@ -0,0 +1,66 @@
+### Changes
+
+* [#1343](https://github.com/bbatsov/rubocop/issues/1343): Remove auto-correct from `RescueException` cop. ([@bbatsov][])
+* [#1425](https://github.com/bbatsov/rubocop/issues/1425): `AllCops/Include` configuration parameters are only taken from the project `.rubocop.yml` and files it inherits from, not from `.rubocop.yml` files in subdirectories. ([@jonas054][])
+
+### Bugs fixed
+
+* [#1411](https://github.com/bbatsov/rubocop/issues/1411): Handle lambda calls without a selector in `MultilineOperationIndentation`. ([@bbatsov][])
+* [#1401](https://github.com/bbatsov/rubocop/issues/1401): Files in hidden directories, i.e. ones beginning with dot, can now be selected through configuration, but are still not included by default. ([@jonas054][])
+* [#1415](https://github.com/bbatsov/rubocop/issues/1415): String literals concatenated with backslashes are now handled correctly by `StringLiteralsInInterpolation`. ([@jonas054][])
+* [#1416](https://github.com/bbatsov/rubocop/issues/1416): Fix handling of `begin/rescue/else/end` in `ElseAlignment`. ([@jonas054][])
+* [#1413](https://github.com/bbatsov/rubocop/issues/1413): Support empty elsif branches in `MultilineIfThen`. ([@janraasch][], [@jonas054][])
+* [#1406](https://github.com/bbatsov/rubocop/issues/1406): Allow a newline in `SpaceInsideRangeLiteral`. ([@bbatsov][])
+
+[@bbatsov]: https://github.com/bbatsov
+[@jonas054]: https://github.com/jonas054
+[@yujinakayama]: https://github.com/yujinakayama
+[@dblock]: https://github.com/dblock
+[@nevir]: https://github.com/nevir
+[@daviddavis]: https://github.com/daviddavis
+[@sds]: https://github.com/sds
+[@fancyremarker]: https://github.com/fancyremarker
+[@sinisterchipmunk]: https://github.com/sinisterchipmunk
+[@vonTronje]: https://github.com/vonTronje
+[@agrimm]: https://github.com/agrimm
+[@pmenglund]: https://github.com/pmenglund
+[@chulkilee]: https://github.com/chulkilee
+[@codez]: https://github.com/codez
+[@emou]: https://github.com/emou
+[@skanev]: http://github.com/skanev
+[@claco]: http://github.com/claco
+[@rifraf]: http://github.com/rifraf
+[@scottmatthewman]: https://github.com/scottmatthewman
+[@ma2gedev]: http://github.com/ma2gedev
+[@jeremyolliver]: https://github.com/jeremyolliver
+[@hannestyden]: https://github.com/hannestyden
+[@geniou]: https://github.com/geniou
+[@jkogara]: https://github.com/jkogara
+[@tmorris-fiksu]: https://github.com/tmorris-fiksu
+[@mockdeep]: https://github.com/mockdeep
+[@hiroponz]: https://github.com/hiroponz
+[@tamird]: https://github.com/tamird
+[@fshowalter]: https://github.com/fshowalter
+[@cschramm]: https://github.com/cschramm
+[@bquorning]: https://github.com/bquorning
+[@bcobb]: https://github.com/bcobb
+[@irrationalfab]: https://github.com/irrationalfab
+[@tommeier]: https://github.com/tommeier
+[@sfeldon]: https://github.com/sfeldon
+[@biinari]: https://github.com/biinari
+[@barunio]: https://github.com/barunio
+[@molawson]: https://github.com/molawson
+[@wndhydrnt]: https://github.com/wndhydrnt
+[@ggilder]: https://github.com/ggilder
+[@salbertson]: https://github.com/salbertson
+[@camilleldn]: https://github.com/camilleldn
+[@mcls]: https://github.com/mcls
+[@yous]: https://github.com/yous
+[@vrthra]: https://github.com/vrthra
+[@SkuliOskarsson]: https://github.com/SkuliOskarsson
+[@jspanjers]: https://github.com/jspanjers
+[@sch1zo]: https://github.com/sch1zo
+[@smangelsdorf]: https://github.com/smangelsdorf
+[@mvz]: https://github.com/mvz
+[@jfelchner]: https://github.com/jfelchner
+[@janraasch]: https://github.com/janraasch