diff --git a/pyproject.toml b/pyproject.toml
index b75d8a6da..428dc9fdd 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -4,7 +4,7 @@ build-backend = "hatchling.build"
 
 [project]
 name = "circuit-knitting-toolbox"
-version = "0.7.1"
+version = "0.7.2"
 description = "A software prototype for a circuit knitting toolbox which connects user applications with runtime primitives"
 readme = "README.md"
 license = {file = "LICENSE.txt"}
diff --git a/releasenotes/notes/cut-finder-enhancement-1e1d37174d7a8860.yaml b/releasenotes/notes/0.7/cut-finder-enhancement-1e1d37174d7a8860.yaml
similarity index 94%
rename from releasenotes/notes/cut-finder-enhancement-1e1d37174d7a8860.yaml
rename to releasenotes/notes/0.7/cut-finder-enhancement-1e1d37174d7a8860.yaml
index 2b5ce2ec6..a20abc4cb 100644
--- a/releasenotes/notes/cut-finder-enhancement-1e1d37174d7a8860.yaml
+++ b/releasenotes/notes/0.7/cut-finder-enhancement-1e1d37174d7a8860.yaml
@@ -1,4 +1,4 @@
 ---
-upgrade:
+other:
   - |
     The search engine inside the automated cut-finder has been primed to avoid extraneous searches and is therefore expected to run faster.
diff --git a/releasenotes/notes/0.7/prepare-0.7.2-5702382380426d96.yaml b/releasenotes/notes/0.7/prepare-0.7.2-5702382380426d96.yaml
new file mode 100644
index 000000000..f3394f036
--- /dev/null
+++ b/releasenotes/notes/0.7/prepare-0.7.2-5702382380426d96.yaml
@@ -0,0 +1,6 @@
+---
+prelude: |
+  The 0.7.2 release includes two improvements to the automated cut
+  finder: a performance enhancement, and a fix to a bug that occurs
+  when the cut finder finds a solution where both incoming wires to a
+  gate are to be cut.