diff --git a/docs/changelog.rst b/docs/changelog.rst
index 0b08c428..d8c33cb5 100644
--- a/docs/changelog.rst
+++ b/docs/changelog.rst
@@ -1,8 +1,8 @@
 Release history
 ###############
 
-Next release
-============
+3.4.0 (2014-07-01)
+==================
 
 * Speed up content generation via new caching mechanism
 * Add selective post generation (instead of always building entire site)
diff --git a/pelican/__init__.py b/pelican/__init__.py
index 082e5a58..f3b18039 100644
--- a/pelican/__init__.py
+++ b/pelican/__init__.py
@@ -25,7 +25,7 @@ from pelican.settings import read_settings
 from pelican.utils import clean_output_dir, folder_watcher, file_watcher
 from pelican.writers import Writer
 
-__version__ = "3.3.1.dev"
+__version__ = "3.4.0"
 
 DEFAULT_CONFIG_NAME = 'pelicanconf.py'