diff --git a/CHANGES.md b/CHANGES.md
index 814c455757..6a13af4cf5 100644
--- a/CHANGES.md
+++ b/CHANGES.md
@@ -1,7 +1,7 @@
 Synapse 1.48.0 (2021-11-30)
 ===========================
 
-No significant changes.
+No significant changes since 1.48.0rc1.
 
 
 Synapse 1.48.0rc1 (2021-11-25)