diff --git a/fabfile.py b/fabfile.py
index a489325..dd02aaa 100644
--- a/fabfile.py
+++ b/fabfile.py
@@ -14,7 +14,10 @@
 
 @task
 def release_text(c, workflow_name):
-    makefile = read_makefile('.')
+    base_dir = '.'
+    tools = read_all_tools('..')
+    dependencies = output_tool_dependencies(workflow_name, base_dir)
+    makefile = read_makefile(base_dir)
     readme = 'README.md'
     previous_readme_lines = []
     if os.path.isfile(readme):
@@ -34,13 +37,37 @@ def release_text(c, workflow_name):
 
     update_text = "Last updated: {}.".format(makefile['LAST_UPDATED'])
 
+    dependency_text = []
+    seen = {}
+
+    for (dependency, dependency_version) in dependencies:
+
+        status = "N/V"
+        if dependency not in seen or (dependency in seen and seen[dependency] != dependency_version):
+            if dependency in tools:
+
+                local_version, workflow = tools[dependency]
+
+                if dependency_version == local_version:
+                    status = "({})".format(dependency_version)
+                else:
+                    status = "({}, latest is {})".format(dependency_version, local_version)
+
+                dependency_text.append("* {} {}".format(dependency, status))
+            else:
+                dependency_text.append("* {} (untracked)".format(dependency))
+
+        seen[dependency] = dependency_version
+
     with open(readme, 'w') as w:
         w.write('## {}\n\n'.format(name))
         w.write('#### Version: {}\n\n'.format(version))
         if description:
             w.write('#### Description: \n{}\n\n'.format(description[1:-1]))
+        if len(dependency_text) > 0:
+            w.write('#### Dependencies: \n{}\n\n'.format("\n".join(dependency_text)))
         w.write('_{}_\n\n'.format(update_text))
-        w.write('<data id=CCMS_DEPLOYMENTS_HEADER_BREAK_ELEMENT_CAUTION_ANYTHING_ABOVE_WILL_BE_AUTOGENERATED />')
+        w.write('<data id=CCMS_DEPLOYMENTS_HEADER_BREAK_ELEMENT_CAUTION_ANYTHING_ABOVE_WILL_BE_AUTOGENERATED />\n\n')
         for previous_readme_line in previous_readme_lines:
             w.write(previous_readme_line)