diff --git a/CHANGELOG.md b/CHANGELOG.md
index 2f6b36f0..38cbb664 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -3,6 +3,10 @@ All notable changes to this project will be documented in this file.
 
 Generated by [`auto-changelog`](https://github.com/CookPete/auto-changelog).
 
+#### [v1.4.5](https://github.com/CookPete/auto-changelog/compare/v1.4.4...v1.4.5)
+> 27 February 2018
+- Correctly prefix package version [`#33`](https://github.com/CookPete/auto-changelog/issues/33)
+
 #### [v1.4.4](https://github.com/CookPete/auto-changelog/compare/v1.4.3...v1.4.4)
 > 22 February 2018
 - Do not show date for unreleased section [`#31`](https://github.com/CookPete/auto-changelog/issues/31)
diff --git a/package.json b/package.json
index b0a62b13..0a4b1c92 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "auto-changelog",
-  "version": "1.4.4",
+  "version": "1.4.5",
   "description": "Command line tool for generating a changelog from git tags and commit history",
   "bin": {
     "auto-changelog": "./lib/index.js"
diff --git a/src/run.js b/src/run.js
index 096ac1d9..a31d34de 100644
--- a/src/run.js
+++ b/src/run.js
@@ -52,7 +52,7 @@ function getOptions (argv, pkg) {
   }
 }
 
-function getLatestVersion (options, pkg) {
+function getLatestVersion (options, pkg, commits) {
   if (options.latestVersion) {
     if (!semver.valid(options.latestVersion)) {
       throw new Error('--latest-version must be a valid semver version')
@@ -60,7 +60,8 @@ function getLatestVersion (options, pkg) {
     return options.latestVersion
   }
   if (options.package) {
-    return `v${pkg.version}`
+    const prefix = commits.some(c => /^v/.test(c.tag)) ? 'v' : ''
+    return `${prefix}${pkg.version}`
   }
   return null
 }
@@ -70,7 +71,7 @@ export default async function run (argv) {
   const options = getOptions(argv, pkg)
   const remote = await fetchRemote(options.remote)
   const commits = await fetchCommits(remote, options)
-  const latestVersion = getLatestVersion(options, pkg)
+  const latestVersion = getLatestVersion(options, pkg, commits)
   const releases = parseReleases(commits, remote, latestVersion, options)
   const log = await compileTemplate(options.template, { releases })
   await writeFile(options.output, log)
diff --git a/test/run.js b/test/run.js
index eec10318..a44f7b81 100644
--- a/test/run.js
+++ b/test/run.js
@@ -99,6 +99,25 @@ describe('run', () => {
     return run(['', '', '--package'])
   })
 
+  it('uses version from package.json with no prefix', async () => {
+    mock('pathExists', () => true)
+    mock('readJson', () => ({
+      version: '2.0.0'
+    }))
+    mock('fetchCommits', () => commits.map(commit => {
+      return {
+        ...commit,
+        tag: commit.tag ? commit.tag.replace('v', '') : null
+      }
+    }))
+    mock('writeFile', (output, log) => {
+      expect(log).to.include('2.0.0')
+      expect(log).to.not.include('v2.0.0')
+    })
+
+    return run(['', '', '--package'])
+  })
+
   it('command line options override options from package.json', async () => {
     mock('pathExists', () => true)
     mock('readJson', () => ({