diff --git a/CMakeLists.txt b/CMakeLists.txt
index 25a099220b12a7812561d27eb9eaab807e77a7bc..1434631888c2dc16377880038a0f403a8da77ad8 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -11,7 +11,7 @@
 cmake_minimum_required(VERSION 3.15)
 option(CMAKE_EXPORT_COMPILE_COMMANDS "Enable/Disable output of compile_commands.json" ON)
 
-project(LHCb VERSION 55.16.1
+project(LHCb VERSION 55.16.2
         LANGUAGES CXX)
 
 # Enable testing with CTest/CDash
diff --git a/ReleaseNotes/v55r16p2.md b/ReleaseNotes/v55r16p2.md
new file mode 100644
index 0000000000000000000000000000000000000000..f1b1bc6143b6a992251bf945979cc786ef5daf4f
--- /dev/null
+++ b/ReleaseNotes/v55r16p2.md
@@ -0,0 +1,34 @@
+2025-02-03 LHCb v55r16p2
+===
+
+This version uses
+Gaudi [v38r1p1](../../../../Gaudi/-/tags/v38r1p1),
+Detector [v1r36](../../../../Detector/-/tags/v1r36) and
+LCG [105a](http://lcginfo.cern.ch/release/105a/) with ROOT 6.30.04.
+
+This version is released on the `v55r16p1-patches` branch.
+Built relative to LHCb [v55r16p1](/../../tags/v55r16p1), with the following changes:
+
+### New features ~"new feature"
+
+
+
+### Fixes ~"bug fix" ~workaround
+
+
+
+### Enhancements ~enhancement
+
+
+
+### Code cleanups and changes to tests ~modernisation ~cleanup ~testing
+
+
+
+### Documentation ~Documentation
+
+
+### Other
+
+- Added --override-option-class option to LbExec for `v55r16p1-patches`, !4917 (@msaur)
+- Trust file-content-metadata path on CVMFS when cloning for 'v55r16p1-patches', !4916 (@msaur)