diff --git a/VERSION.cmake b/VERSION.cmake
index b868c44707..33e02fc9a0 100644
--- a/VERSION.cmake
+++ b/VERSION.cmake
@@ -1,4 +1,4 @@
 set (LIBDNF_MAJOR_VERSION 0)
 set (LIBDNF_MINOR_VERSION 7)
-set (LIBDNF_MICRO_VERSION 3)
+set (LIBDNF_MICRO_VERSION 4)
 set (LIBDNF_VERSION ${LIBDNF_MAJOR_VERSION}.${LIBDNF_MINOR_VERSION}.${LIBDNF_MICRO_VERSION})
diff --git a/libdnf.spec b/libdnf.spec
index e862dca285..cd344ff746 100644
--- a/libdnf.spec
+++ b/libdnf.spec
@@ -23,7 +23,7 @@
 %global oldname libhif
 
 Name:           libdnf
-Version:        0.7.3
+Version:        0.7.4
 Release:        1%{?dist}
 Summary:        Library providing simplified C and Python API to libsolv
 License:        LGPLv2+