diff --git a/CHANGELOG.md b/CHANGELOG.md
index c78d7cea..84d9868d 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -6,6 +6,10 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 ## Unreleased
 
+
+## 8.7.4
+* verify_operators_exists returns only unique packages by @lipoja in https://github.com/release-engineering/iib/pull/685
+
 ## 8.7.3
 * Downgrade of qpid-proton by @lipoja in https://github.com/release-engineering/iib/pull/683
 
diff --git a/setup.py b/setup.py
index 40f7d5eb..fb0d0ebb 100644
--- a/setup.py
+++ b/setup.py
@@ -3,7 +3,7 @@
 
 setup(
     name='iib',
-    version='8.7.3',
+    version='8.7.4',
     long_description=__doc__,
     packages=find_packages(exclude=['tests', 'tests.*']),
     include_package_data=True,