diff --git a/madseq.py b/madseq.py
index 70fefd3..ff25d32 100755
--- a/madseq.py
+++ b/madseq.py
@@ -36,7 +36,7 @@
 # meta data
 #----------------------------------------
 
-__version__ = 'madseq 0.3.2'
+__version__ = 'madseq 0.4.0'
 
 __all__ = [
     'Element', 'Sequence', 'Document',
diff --git a/setup.py b/setup.py
index 1ad35ff..e6b005b 100644
--- a/setup.py
+++ b/setup.py
@@ -17,7 +17,7 @@
 
 setup(
     name='madseq',
-    version='0.3.2',
+    version='0.4.0',
     description='Parser/transformator for MAD-X sequences',
     long_description=long_description,
     author='Thomas Gläßle',