diff --git a/CHANGELOG.md b/CHANGELOG.md
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,9 @@
+## v0.7.0.2 - 2015-11-26
+
+* Relax upper bound for the constraints package
+    * Upper bound remains < 0.6 for GHC < 7.8 as constraints-0.6 requires the closed type families extension.
+* Drop support for GHC 7.4.2
+
 ## v0.7.0.1 - 2015-05-18
 
 * Fix typecheck error with GHC HEAD (#17)
diff --git a/lifted-async.cabal b/lifted-async.cabal
--- a/lifted-async.cabal
+++ b/lifted-async.cabal
@@ -1,5 +1,5 @@
 name:                lifted-async
-version:             0.7.0.1
+version:             0.7.0.2
 synopsis:            Run lifted IO operations asynchronously and wait for their results
 homepage:            https://github.com/maoe/lifted-async
 bug-reports:         https://github.com/maoe/lifted-async/issues
@@ -12,10 +12,9 @@
 build-type:          Simple
 cabal-version:       >= 1.8
 tested-with:
-    GHC == 7.10.1
+    GHC == 7.10.2
   , GHC == 7.8.4
   , GHC == 7.6.3
-  , GHC == 7.4.2
 
 extra-source-files:
   README.md
@@ -40,9 +39,11 @@
     , lifted-base >= 0.2 && < 0.3
     , transformers-base >= 0.4 && < 0.5
   if flag(monad-control-1)
-    build-depends:
-        constraints >= 0.2 && < 0.5
-      , monad-control == 1.0.*
+    build-depends: monad-control == 1.0.*
+    if impl(ghc >= 7.8)
+        build-depends: constraints >= 0.2 && < 0.7
+    else
+        build-depends: constraints >= 0.2 && < 0.6
   else
     build-depends:
       monad-control == 0.*
@@ -113,5 +114,5 @@
 
 source-repository this
   type: git
-  tag: v0.7.0.1
+  tag: v0.7.0.2
   location: https://github.com/maoe/lifted-async.git