diff --git a/CHANGES b/CHANGES
index 9b693393e6..b0641e97bf 100644
--- a/CHANGES
+++ b/CHANGES
@@ -1,4 +1,4 @@
-* (IN DEVELOPMENT)
+* 3.4.0
     * Allow empty pipelines to be executed if there are WATCHed keys.
       This is a convenient way to test if any of the watched keys changed
       without actually running any other commands. Thanks @brianmaissy.
diff --git a/redis/__init__.py b/redis/__init__.py
index afc59e9bae..369d39e257 100644
--- a/redis/__init__.py
+++ b/redis/__init__.py
@@ -30,7 +30,7 @@ def int_or_str(value):
         return value
 
 
-__version__ = '3.3.11'
+__version__ = '3.4.0'
 VERSION = tuple(map(int_or_str, __version__.split('.')))
 
 __all__ = [