diff --git a/CHANGELOG b/CHANGELOG
index e01ed8e..d1f61c6 100644
--- a/CHANGELOG
+++ b/CHANGELOG
@@ -1,3 +1,8 @@
+v0.4.0rc7:
+  date: 2013-01-23
+  changes:
+    - Updating grunt/gruntplugin dependencies to rc7.
+    - Changing in-development grunt/gruntplugin dependency versions from tilde version ranges to specific versions.
 v0.4.0rc5:
   date: 2013-01-09
   changes:
diff --git a/README.md b/README.md
index 6d59870..b0db40d 100644
--- a/README.md
+++ b/README.md
@@ -143,6 +143,7 @@ jst: {
 
 ## Release History
 
+ * 2013-01-22   v0.5.0rc7   Updating grunt/gruntplugin dependencies to rc7. Changing in-development grunt/gruntplugin dependency versions from tilde version ranges to specific versions.
  * 2013-01-08   v0.4.0rc5   Updating to work with grunt v0.4.0rc5. Switching to this.files api.
  * 2012-10-11   v0.3.1   Rename grunt-contrib-lib dep to grunt-lib-contrib.
  * 2012-08-22   v0.3.0   Options no longer accepted from global config key.
@@ -154,4 +155,4 @@ jst: {
 
 Task submitted by [Tim Branyen](http://tbranyen.com)
 
-*This file was generated on Thu Jan 10 2013 13:04:44.*
+*This file was generated on Wed Jan 23 2013 11:47:16.*
diff --git a/package.json b/package.json
index ad938cc..195f501 100644
--- a/package.json
+++ b/package.json
@@ -1,7 +1,7 @@
 {
   "name": "grunt-contrib-jst",
   "description": "Precompile Underscore templates to JST file.",
-  "version": "0.4.0rc5",
+  "version": "0.4.0rc7",
   "homepage": "https://github.com/gruntjs/grunt-contrib-jst",
   "author": {
     "name": "Grunt Team",
@@ -32,11 +32,11 @@
     "grunt-lib-contrib": "~0.5.1"
   },
   "devDependencies": {
-    "grunt-contrib-jshint": "~0.1.1rc5",
-    "grunt-contrib-nodeunit": "~0.1.2rc5",
+    "grunt-contrib-jshint": "0.1.1rc6",
+    "grunt-contrib-nodeunit": "0.1.2rc6",
+    "grunt-contrib-clean": "0.4.0rc6",
     "grunt-contrib-internal": "*",
-    "grunt-contrib-clean": "~0.4.0rc5",
-    "grunt": "~0.4.0rc5"
+    "grunt": "0.4.0rc7"
   },
   "keywords": [
     "gruntplugin"