diff --git a/docs/conf.py b/docs/conf.py
index 97dcfac0..b8801ca1 100644
--- a/docs/conf.py
+++ b/docs/conf.py
@@ -50,9 +50,9 @@ copyright = u'2013, Honza Král'
 # built documents.
 #
 # The short X.Y version.
-version = '0.0.1'
+version = '0.4'
 # The full version, including alpha/beta/rc tags.
-release = '0.0.1'
+release = '0.4'
 
 # The language for content autogenerated by Sphinx. Refer to documentation
 # for a list of supported languages.
diff --git a/elasticsearch/__init__.py b/elasticsearch/__init__.py
index 914f3889..85fd99d8 100644
--- a/elasticsearch/__init__.py
+++ b/elasticsearch/__init__.py
@@ -1,6 +1,6 @@
 from __future__ import absolute_import
 
-VERSION = (0, 0, 1)
+VERSION = (0, 4)
 __version__ = VERSION
 __versionstr__ = '.'.join(map(str, VERSION))
 
diff --git a/setup.py b/setup.py
index 42f7940f..239835cc 100644
--- a/setup.py
+++ b/setup.py
@@ -5,7 +5,7 @@ import sys
 
 
 
-VERSION = (0, 0, 1)
+VERSION = (0, 4)
 __version__ = VERSION
 __versionstr__ = '.'.join(map(str, VERSION))