diff --git a/CHANGELOG.md b/CHANGELOG.md
index a2d89a13c..13e9dd94b 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,7 @@
+## 2.20.1 / 2020-08-05
+
+* [BUGFIX] SD: Reduce the Consul watch timeout to 2m and adjust the request timeout accordingly. #7724
+
 ## 2.20.0 / 2020-07-22
 
 This release changes WAL compression from opt-in to default. WAL compression will prevent a downgrade to v2.10 or earlier without deleting the WAL. Disable WAL compression explicitly by setting the command line flag `--no-storage.tsdb.wal-compression` if you require downgrading to v2.10 or earlier.
diff --git a/VERSION b/VERSION
index 7329e21c3..4e2200b98 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-2.20.0
+2.20.1