diff --git a/CHANGES.md b/CHANGES.md
index 02a128eed..11007be45 100644
--- a/CHANGES.md
+++ b/CHANGES.md
@@ -1,5 +1,11 @@
 # Release Notes
 
+## 2.7.0
+
+This release adds support for Pip 24.1.1.
+
+* Add support for `--pip-version 24.1.1`. (#2451)
+
 ## 2.6.3
 
 There are no changes to Pex code or released artifacts over 2.6.1 or
diff --git a/pex/version.py b/pex/version.py
index de7685c37..741c8a31f 100644
--- a/pex/version.py
+++ b/pex/version.py
@@ -1,4 +1,4 @@
 # Copyright 2015 Pex project contributors.
 # Licensed under the Apache License, Version 2.0 (see LICENSE).
 
-__version__ = "2.6.3"
+__version__ = "2.7.0"