diff --git a/bitbake/bin/bitbake b/bitbake/bin/bitbake
index 953783c4a3..bc762bfc15 100755
--- a/bitbake/bin/bitbake
+++ b/bitbake/bin/bitbake
@@ -26,7 +26,7 @@ from bb.main import bitbake_main, BitBakeConfigParameters, BBMainException
 if sys.getfilesystemencoding() != "utf-8":
     sys.exit("Please use a locale setting which supports UTF-8 (such as LANG=en_US.UTF-8).\nPython can't change the filesystem locale after loading so we need a UTF-8 when Python starts or things won't work.")
 
-__version__ = "1.49.1"
+__version__ = "1.49.2"
 
 if __name__ == "__main__":
     if __version__ != bb.__version__:
diff --git a/bitbake/lib/bb/__init__.py b/bitbake/lib/bb/__init__.py
index e3f40a3298..84a9051c13 100644
--- a/bitbake/lib/bb/__init__.py
+++ b/bitbake/lib/bb/__init__.py
@@ -9,7 +9,7 @@
 # SPDX-License-Identifier: GPL-2.0-only
 #
 
-__version__ = "1.49.1"
+__version__ = "1.49.2"
 
 import sys
 if sys.version_info < (3, 5, 0):