diff --git a/CHANGES.md b/CHANGES.md
index b286ebdaf..ae55d63bc 100644
--- a/CHANGES.md
+++ b/CHANGES.md
@@ -1,3 +1,12 @@
+Synapse 1.74.0 (2022-12-20)
+===========================
+
+Improved Documentation
+----------------------
+
+- Add release note and update documentation regarding optional ICU support in user search. ([\#14712](https://github.com/matrix-org/synapse/issues/14712))
+
+
 Synapse 1.74.0rc1 (2022-12-13)
 ==============================
 
diff --git a/changelog.d/14712.misc b/changelog.d/14712.misc
deleted file mode 100644
index c10b600a5..000000000
--- a/changelog.d/14712.misc
+++ /dev/null
@@ -1 +0,0 @@
-Add release note and update documentation regarding optional ICU support in user search.
diff --git a/debian/changelog b/debian/changelog
index 64a950aff..f6edb4d86 100644
--- a/debian/changelog
+++ b/debian/changelog
@@ -1,3 +1,9 @@
+matrix-synapse-py3 (1.74.0) stable; urgency=medium
+
+  * New Synapse release 1.74.0.
+
+ -- Synapse Packaging team <packages@matrix.org>  Tue, 20 Dec 2022 16:07:38 +0000
+
 matrix-synapse-py3 (1.74.0~rc1) stable; urgency=medium
 
   * New dependency on libicu-dev to provide improved results for user
diff --git a/pyproject.toml b/pyproject.toml
index 938aae64c..21bc11da8 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -57,7 +57,7 @@ manifest-path = "rust/Cargo.toml"
 
 [tool.poetry]
 name = "matrix-synapse"
-version = "1.74.0rc1"
+version = "1.74.0"
 description = "Homeserver for the Matrix decentralised comms protocol"
 authors = ["Matrix.org Team and Contributors <packages@matrix.org>"]
 license = "Apache-2.0"