diff --git a/CHANGELOG.md b/CHANGELOG.md
index 83a722e..bb59ab1 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -10,6 +10,8 @@ CalVer image tags (`stable-YYYY.MM.N`, `dev-YYYY.MM.N`) are produced for every C
 
 ## [Unreleased]
 
+## [0.49.0] — 2026-05-11
+
 ### Fixed (PR #242 follow-ups)
 
 - **`/agnes-private` legacy-scan gap closed (David #8 from PR review).**
diff --git a/pyproject.toml b/pyproject.toml
index 8f7c296..f1fa7a4 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -1,6 +1,6 @@
 [project]
 name = "agnes-the-ai-analyst"
-version = "0.48.0"
+version = "0.49.0"
 description = "Agnes — AI Data Analyst platform for AI analytical systems"
 requires-python = ">=3.11,<3.14"
 license = "MIT"