diff --git a/NEWS.md b/NEWS.md
new file mode 100644
index 0000000..0e696a7
--- /dev/null
+++ b/NEWS.md
@@ -0,0 +1,92 @@
+Version 2.0.0 (2021-04-12)
+------------------------------
+
+**Readme sheet**
+
+* Defined table object Version.
+
+
+**Metadata sheet**
+
+* Removed Stock_Information table object definition.
+
+* Added Countries.
+
+* Added Assessment Type.
+
+* Added Reporting Year.
+
+* Defined table object From_TimeSeries.
+
+* Renamed table object Advice_Table -> For_Advice.
+
+* Formatted GSA cells as text in Metadata, to make them easier to type directly.
+
+* Changed label Assessment Year -> Reference Year.
+
+* Quantitative Status is only calculated if Validation Status is Quantitative.
+
+* Rearranged B reference point section to a flat layout.
+
+* Rearranged VPA-Type Model and Forecast Included to a horizontal layout.
+
+* Stock Status Text is calculated automatically, instead of requiring user
+  input.
+
+* B0.33 and B0.66 are calculated automatically, instead of requiring user input.
+
+
+**TimeSeries sheet**
+
+* Renamed sheet Summary -> TimeSeries.
+
+* Rearranged unit cells, so they are close to the corresponding columns.
+
+* Renamed table object Summary_Table -> TS_Table.
+
+* Changed label Fishing Pressure Type -> Exploitation Unit.
+
+* Removed Effort_lower, Effort, and Effort_upper columns.
+
+
+**Vocabularies sheet**
+
+* Added Countries.
+
+* Added Assessment Type.
+
+* Extended Year range from 2021 to 2025.
+
+* Changed Exploitation Unit options to F, HR, and Effort.
+
+* Removed Stock Status.
+
+
+**Advice sheet**
+
+* Added intermediate calculations to shorten formulas.
+
+* B0.33 and B0.66 are not exported as Reference Points, but do form the basis of
+  the Stock Status.
+
+* Formatted Fc and Quantitative Status to 0.00 format, with trailing zeroes.
+
+* Quantitative Status with respect to F is reported as F/Fref or E/Eref, rather
+  than F/Ftarget.
+
+* Quantitative Status with respect to B is based on Bmsy, Bpa, and Blim - not on
+  B0.33 or B0.66.
+
+* Added GSA_Countries table object, containing comma-separated GSA Names and
+  Countries.
+
+
+
+
+Version 1.0.0 (2021-01-15)
+--------------------------
+
+* First version of the Excel STAR template.
+
+* Launched at joint plenary session of the Mediterranean stock assessment
+  working groups (2021-01-18).
diff --git a/README.md b/README.md
index 6d0d51c..016efbe 100644
--- a/README.md
+++ b/README.md
@@ -13,19 +13,23 @@ Mediterranean and the Black Sea.
 
 <a href="#star"><img src="diagram.png" width="800"></a>
 
-## Download newest version of Excel template
+## Download newest Excel template
 
-*2021-01-15*
+*Version 2.0.0*
 
-* [star-template.xlsx](https://github.com/gfcm/star/releases/download/2021-01-15/star_template.xlsx)
+*12 Apr 2021*
+
+* [star-template.xlsx](https://github.com/gfcm/star/releases/download/2.0.0/star_template.xlsx)
+* [NEWS.md](https://github.com/gfcm/star/blob/main/NEWS.md)
 
 ## User documentation
 
-Guidelines for users is provided in three places:
+Guidelines for users are provided in four places:
 
-1. Usage comments within the
+1. Overview of the STAR framework and wider context in the launch event
+   [presentation](2021_01_18_launch_event.pdf)
+2. Usage comments within the
    [Excel template](https://github.com/gfcm/star/raw/main/star_template.xlsx)
    sheets
-2. Sheet highlighting the [logic](logic.pdf) behind the Excel formulas
-3. Overview of the STAR framework and wider context in the launch event
-   [presentation](2021_01_18_launch_event.pdf)
+3. Sheet highlighting the [logic](logic.pdf) behind the Excel formulas
+4. User-visible changes are listed in the [NEWS.md](NEWS.md) version history
diff --git a/star_template.xlsx b/star_template.xlsx
index 009ec88..112ad44 100755
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