diff --git a/CHANGELOG.md b/CHANGELOG.md
index e4f2b80..70e78a3 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -5,7 +5,11 @@ All notable changes to this project will be documented in this file.
 The format is based on [Keep a Changelog](http://keepachangelog.com/en/1.0.0/)
 and this project adheres to [Semantic Versioning](http://semver.org/spec/v2.0.0.html).
 
-## [Unreleased](https://github.com/wagtail/wagtail-bakery/compare/0.3.0...HEAD)
+## [Unreleased](https://github.com/wagtail/wagtail-bakery/compare/0.4.0...HEAD)
+
+...
+
+## [0.4.0](https://github.com/wagtail/wagtail-bakery/compare/0.3.0...0.4.0)
 
 - Use model url from inherited model (#42)
 - Allow use of new versions of django-bakery (#44)
diff --git a/setup.py b/setup.py
index cd9f44f..6667094 100644
--- a/setup.py
+++ b/setup.py
@@ -19,7 +19,7 @@
 
 setup(
     name='wagtail-bakery',
-    version='0.3.0',
+    version='0.4.0',
     description='A set of helpers for baking your Django Wagtail site out as flat files.',
     long_description=long_description,
     long_description_content_type='text/markdown',