diff --git a/contrib/kpatch.spec b/contrib/kpatch.spec
index 8e1d81bcc..681894288 100644
--- a/contrib/kpatch.spec
+++ b/contrib/kpatch.spec
@@ -1,6 +1,6 @@
 Name: kpatch
 Summary: Dynamic kernel patching
-Version: 0.3.4
+Version: 0.4.0
 License: GPLv2 
 Group: System Environment/Kernel
 URL: http://github.com/dynup/kpatch
diff --git a/kpatch/kpatch b/kpatch/kpatch
index 107867c6b..ef36087bb 100755
--- a/kpatch/kpatch
+++ b/kpatch/kpatch
@@ -25,7 +25,7 @@
 
 INSTALLDIR=/var/lib/kpatch
 SCRIPTDIR="$(readlink -f $(dirname $(type -p $0)))"
-VERSION="0.3.4"
+VERSION="0.4.0"
 
 # Livepatch is built into the kernel, if it's not present
 # we must use kpatch core module.