diff --git a/CHANGELOG.md b/CHANGELOG.md
index 3359cc874..eaa76d028 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -6,6 +6,25 @@ and this project uses `yyyy.rr[.pp]`, where `yyyy` is the year a patch is releas
 `rr` is a sequential release number (starting from `01`), and an optional two-digit
 sequential patch number (starting from `01`).
 
+## [2024.01.02] - 2024-06-14
+
+### Known Issues
+- Diag Manager Rewrite:
+	- Expected output file changes:
+		- If the model run time is less than the output frequency, old diag_manager would write a specific value (9.96921e+36). The new diag_manager will not, so only fill values will be present.
+		- A `scalar_axis` dimension will not be added to scalar variables
+		- The `average_*` variables will no longer be added as they are non-standard conventions
+		- Attributes added via `diag_field_add_attributes` in the old code were saved as `NF90_FLOAT` regardless of precision, but will now be written as the precision that is passed in
+		- Subregional output will have a global attribute `is_subregional = True` set for non-global history files.
+		- The `grid_type` and `grid_tile` global attributes will no longer be added for all files, and some differences may be seen in the exact order of the `associated_files` attribute
+
+- DIAG_MANAGER: When using the `do_diag_field_log` nml option, the output log file may be ovewritten if using a multiple root pe's
+- BUILD(HDF5): HDF5 version 1.14.3 generates floating point exceptions, and will cause errors if FMS is built with FPE traps enabled.
+- GCC: version 14.1.0 is unsupported due to a bug with strings that has come up previously in earlier versions. This will be caught by the configure script, but will cause compilation errors if using other build systems.
+
+### Fixed
+- DIAG_MANAGER: Fixes incorrect dates being appended to static file names
+
 ## [2024.01.01] - 2024-05-30
 
 ### Known Issues
diff --git a/CMakeLists.txt b/CMakeLists.txt
index 8dca1bdcf..7076227a8 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -26,7 +26,7 @@ set(CMAKE_Fortran_FLAGS_DEBUG)
 
 # Define the CMake project
 project(FMS
-  VERSION 2024.01.01
+  VERSION 2024.01.02
   DESCRIPTION  "GFDL FMS Library"
   HOMEPAGE_URL "https://www.gfdl.noaa.gov/fms"
   LANGUAGES C Fortran)
diff --git a/configure.ac b/configure.ac
index b48a5c5f6..ca1fc4969 100644
--- a/configure.ac
+++ b/configure.ac
@@ -25,7 +25,7 @@ AC_PREREQ([2.69])
 
 # Initialize with name, version, and support email address.
 AC_INIT([GFDL FMS Library],
-  [2024.01.01-dev],
+  [2024.01.02],
   [gfdl.climate.model.info@noaa.gov],
   [FMS],
   [https://www.github.com/NOAA-GFDL/FMS])
diff --git a/libFMS/Makefile.am b/libFMS/Makefile.am
index 1ab8d1392..133ddfa66 100644
--- a/libFMS/Makefile.am
+++ b/libFMS/Makefile.am
@@ -28,7 +28,7 @@ lib_LTLIBRARIES = libFMS.la
 # These linker flags specify libtool version info.
 # See http://www.gnu.org/software/libtool/manual/libtool.html#Libtool-versioning
 # for information regarding incrementing `-version-info`.
-libFMS_la_LDFLAGS = -version-info 19:1:0
+libFMS_la_LDFLAGS = -version-info 19:2:0
 
 # Add the convenience libraries to the FMS library.
 libFMS_la_LIBADD = $(top_builddir)/platform/libplatform.la