diff --git a/CHANGELOG.md b/CHANGELOG.md
index b740b32b..e616a5f5 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -7,6 +7,38 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 <!-- ## Unreleased -->
 
+## [0.28.0](https://github.com/IBM/carbon-components-svelte/releases/tag/v0.28.0) - 2021-02-05
+
+**Breaking Changes**
+
+- The `transitionend` event in ComposedModal is dispatched, not forwarded; it will only trigger when the modal has finished animating
+
+**Features**
+
+- Support small size variant for Tag (`size="sm"`)
+- Dispatch `close` event in a filterable Tag (an alias for `click`)
+- Dispatch `toggle` event in Toggle
+- Make `tooltipText` slottable in TooltipIcon (slot name="tooltipText")
+- Add `hideLabel` prop to Dropdown
+- Dispatch `transitionend` event in Modal, ComposedModal to fire after the modal has finished animating
+- Add warn state to DatePickerInput
+
+**Fixes**
+
+- Forward the `click` event to Tab
+- Do not trigger initial Tab focus when mounting
+
+**Documentation**
+
+- Add a "Hidden label" example for the Select component
+- Add a light variant example for OverflowMenu
+- Add a reactive example for Tabs
+
+**Housekeeping**
+
+- Upgrade `carbon-components` to version 10.28.0
+- Remove unused `@carbon/themes` development dependency; themes are pulled from `carbon-components`
+
 ## [0.27.0](https://github.com/IBM/carbon-components-svelte/releases/tag/v0.27.0) - 2021-01-28
 
 **Features**
diff --git a/COMPONENT_INDEX.md b/COMPONENT_INDEX.md
index 6088c4cc..3f07bbea 100644
--- a/COMPONENT_INDEX.md
+++ b/COMPONENT_INDEX.md
@@ -1,6 +1,6 @@
 # Component Index
 
-> 156 components exported from carbon-components-svelte@0.27.0.
+> 156 components exported from carbon-components-svelte@0.28.0.
 
 ## Components
 
diff --git a/package.json b/package.json
index f3d30f10..d1fe3b9e 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "carbon-components-svelte",
-  "version": "0.27.0",
+  "version": "0.28.0",
   "license": "Apache-2.0",
   "author": "IBM",
   "description": "Svelte implementation of the Carbon Design System",
diff --git a/preprocess/api.json b/preprocess/api.json
index 1d186a62..f4d5be79 100644
--- a/preprocess/api.json
+++ b/preprocess/api.json
@@ -1,5 +1,5 @@
 {
-  "version": "0.27.0",
+  "version": "0.28.0",
   "components": {
     "Accordion": {
       "path": "carbon-components-svelte/src/Accordion/Accordion.svelte"
@@ -187,6 +187,9 @@
     "Link": {
       "path": "carbon-components-svelte/src/Link/Link.svelte"
     },
+    "OutboundLink": {
+      "path": "carbon-components-svelte/src/Link/OutboundLink.svelte"
+    },
     "ListBox": {
       "path": "carbon-components-svelte/src/ListBox/ListBox.svelte"
     },