diff --git a/README.md b/README.md
index 2653ff5901ef..b35461eac336 100644
--- a/README.md
+++ b/README.md
@@ -42,12 +42,9 @@ label-studio start labeling_project
 
 #### Install on Windows
 
-For running on Windows, the following wheel packages are needed to be manually downloaded from [Gohlke builds](https://www.lfd.uci.edu/~gohlke/pythonlibs) with the right python version:
+For running on Windows, the following wheel packages are needed to be manually downloaded from [Gohlke builds](https://www.lfd.uci.edu/~gohlke/pythonlibs), by ensuring the right python version:
 
-```text
-lxml
-preshed
-```
+- [lxml](https://www.lfd.uci.edu/~gohlke/pythonlibs/#lxml)
 
 Install Label Studio:
  
@@ -55,8 +52,8 @@ Install Label Studio:
 # Upgrade pip 
 pip install -U pip
 
-# Install packages downloaded form Gohlke
-pip install <path-to-downloaded-package>.whl
+# Assuming you are running Win64 with Python 3.8, install packages downloaded form Gohlke:
+pip install lxml‑4.5.0‑cp38‑cp38‑win_amd64.whl
 
 # Install label studio
 pip install label-studio
diff --git a/requirements.txt b/requirements.txt
index 8e15233bde8c..db2049b025ef 100644
--- a/requirements.txt
+++ b/requirements.txt
@@ -9,13 +9,10 @@ Flask==1.1.1
 idna==2.8
 itsdangerous==1.1.0
 Jinja2==2.10.3
-lxml==4.2.5
+lxml>=4.2.5
 MarkupSafe==1.1.1
 mixpanel==4.4.0
-murmurhash==1.0.2
 numpy==1.17.4
-plac==0.9.6
-preshed==2.0.1
 python-dateutil==2.8.1
 python-json-logger==0.1.11
 pytz==2019.3
diff --git a/setup.py b/setup.py
index 4f1723a17c00..007521ae5dbc 100644
--- a/setup.py
+++ b/setup.py
@@ -1,7 +1,7 @@
 import setuptools
 
 # Package version
-version = '0.4.7rc1'
+version = '0.4.7'
 
 # Readme
 with open('README.md', 'r') as f: