diff --git a/README.md b/README.md
index ccc1fea339..38c2708b6b 100644
--- a/README.md
+++ b/README.md
@@ -93,6 +93,7 @@ versa.
 
 TensorFlow Federated                                                  | TensorFlow
 --------------------------------------------------------------------- | ----------
+[0.18.0](https://github.com/tensorflow/federated/tree/v0.17.0)        | [tensorflow 2.4.0](https://pypi.org/project/tensorflow/2.4.0/)
 [0.17.0](https://github.com/tensorflow/federated/tree/v0.17.0)        | [tensorflow 2.3.0](https://pypi.org/project/tensorflow/2.3.0/)
 [0.16.1](https://github.com/tensorflow/federated/tree/v0.16.1)        | [tensorflow 2.2.0](https://pypi.org/project/tensorflow/2.2.0/)
 [0.16.0](https://github.com/tensorflow/federated/tree/v0.16.0)        | [tensorflow 2.2.0](https://pypi.org/project/tensorflow/2.2.0/)
diff --git a/RELEASE.md b/RELEASE.md
index de37fce93b..90251015a3 100644
--- a/RELEASE.md
+++ b/RELEASE.md
@@ -1,3 +1,40 @@
+# Release 0.18.0
+
+## Major Features and Improvements
+
+*   Extended the `tff.simulation` package to add many new tools for running
+    simulations (checkpoints and metrics managers, client sampling functions).
+*   Extended the `tff.aggregators` package with a number of new aggregation
+    factories.
+*   Added the `tff.structure` API to expose the `Struct` class and related
+    functions.
+*   Added the `tff.profiler` API to expose useful profiling related functions.
+*   Added the `tff.backends.test` package to expose backends that focused on
+    testing specifically a way to test a computation with a
+    `federated_secure_sum` intrinsic.
+*   Added the `tff.experimental` package to expose less stable API.
+
+## Breaking Changes
+
+*   Replaced the `tff.aggregators.AggregationProcessFactory` abstract base class
+    with the `tff.aggregators.UnweightedAggregationFactory` and the
+    `tff.aggregators.WeightedAggregationFactory` classes.
+*   Replaced the `tff.aggregators.ZeroingFactory` class with a
+    `tff.aggregators.zeroing_factory` function with the same input arguments.
+*   Replaced the `tff.aggregators.ClippingFactory` class with a
+    `tff.aggregators.clipping_factory` function with the same input arguments.
+*   Updated `tensorflow` package dependency to `2.4.0`.
+*   Updated `absl-py` package dependency to `0.10`.
+*   Updated `grpcio` package dependency to `1.32.0`.
+*   Added a `jaxlib` package dependency at `0.1.55`.
+*   Updated `numpy` package dependency to `1.19.2`.
+*   Updated `tensorflow-addons` package dependency to `0.12.0`.
+*   Updated `tensorflow-model-optimization` package dependency to `0.5.0`.
+
+## Bug Fixes
+
+*   Fixed issue with the `sequence_reduce` intrinsic handling federated types.
+
 # Release 0.17.0
 
 ## Major Features and Improvements
diff --git a/tensorflow_federated/version.py b/tensorflow_federated/version.py
index c03841e5de..5b891286cf 100644
--- a/tensorflow_federated/version.py
+++ b/tensorflow_federated/version.py
@@ -13,4 +13,4 @@
 # limitations under the License.
 """TensorFlow Federated version."""
 
-__version__ = '0.17.0'
+__version__ = '0.18.0'