diff --git a/CHANGES.rst b/CHANGES.rst
index b0148bcb..65762586 100644
--- a/CHANGES.rst
+++ b/CHANGES.rst
@@ -1,6 +1,17 @@
 Changes
 =======
 
+0.45.0
+------
+
+Previously you had to provide ``folder_name`` as an argument to
+``S3MediaStorage``.
+
+It's now optional, as some users may choose to store their files in a bucket
+without a folder.
+
+-------------------------------------------------------------------------------
+
 0.44.0
 ------
 
diff --git a/piccolo_api/__init__.py b/piccolo_api/__init__.py
index 2ce827b4..06e3e25d 100644
--- a/piccolo_api/__init__.py
+++ b/piccolo_api/__init__.py
@@ -1 +1 @@
-__VERSION__ = "0.44.0"
+__VERSION__ = "0.45.0"