diff --git a/docs/source/release-notes.rst b/docs/source/release-notes.rst
index d0a7fa14fd..14d9a494cc 100644
--- a/docs/source/release-notes.rst
+++ b/docs/source/release-notes.rst
@@ -6,8 +6,24 @@ Here are release notes for each snapshot release from M9 onwards.
 Unreleased
 ----------
 
-Support for observer/regulator nodes has returned. Read :doc:`tutorial-observer-nodes` to learn more or examine the
-interest rate swaps demo.
+Release 2.0
+----------
+Following quickly on the heels of the release of Corda 1.0, Corda version 2.0 consolidates
+a number of security updates for our dependent libraries alongside the reintroduction of the Observer node functionality.
+This was absent from version 1 but based on user feedback its re-introduction removes the need for complicated "isRelevant()" checks.
+
+In addition the fix for a small bug present in the coin selection code of V1.0 is integrated from master.
+
+* **Version Bump**
+
+Due to the introduction of new APIs, Corda 2.0 has a platform version of 2. This will be advertised in the network map structures
+and via the versioning APIs.
+
+* **Observer Nodes**
+
+Adds the facility for transparent forwarding of transactions to some third party observer, such as a regulator. By having
+that entity simply run an Observer node they can simply recieve a stream of digitally signed, de-duplicated reports that
+can be used for reporting.
 
 Release 1.0
 -----------
@@ -32,8 +48,8 @@ unless an incompatible change is required for security reasons:
    Utilities and serialisers for working with JSON representations of basic types.
 
 Our extensive testing frameworks will continue to evolve alongside future Corda APIs. As part of our commitment to ease of use and modularity
-we have introduced a new test node driver module to encapsulate all test functionality in support of building standalone node integration 
-tests using our DSL driver. 
+we have introduced a new test node driver module to encapsulate all test functionality in support of building standalone node integration
+tests using our DSL driver.
 
 Please read :doc:`corda-api` for complete details.