diff --git a/CHANGELOG.md b/CHANGELOG.md
index ffeb21bf0af2..56711c671d8d 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,16 @@
+<a name="16.0.4"></a>
+
+# 16.0.4 (2023-06-01)
+
+### @angular-devkit/build-angular
+
+| Commit                                                                                              | Type | Description                                         |
+| --------------------------------------------------------------------------------------------------- | ---- | --------------------------------------------------- |
+| [5bff97d5b](https://github.com/angular/angular-cli/commit/5bff97d5b965373cd7e4dc0b731c24d80b512faa) | fix  | correctly set overridden compiler option            |
+| [cd0247514](https://github.com/angular/angular-cli/commit/cd0247514db295661d319bec33ad7167229d99f9) | fix  | preemptively remove AOT metadata in esbuild builder |
+
+<!-- CHANGELOG SPLIT MARKER -->
+
 <a name="16.0.3"></a>
 
 # 16.0.3 (2023-05-25)
diff --git a/package.json b/package.json
index ebe383503379..20195696056a 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@angular/devkit-repo",
-  "version": "16.0.3",
+  "version": "16.0.4",
   "private": true,
   "description": "Software Development Kit for Angular",
   "bin": {