diff --git a/RELEASE b/RELEASE
index 2b8a22c..5007383 100644
--- a/RELEASE
+++ b/RELEASE
@@ -1,4 +1,4 @@
-tag: v0.0.0
+tag: v0.4.0
 
 commitInclude:
   parentOfMergeCommit: true
diff --git a/lerna.json b/lerna.json
index ba3af39..c3de238 100644
--- a/lerna.json
+++ b/lerna.json
@@ -1,6 +1,6 @@
 {
   "lerna": "7.3.0",
-  "version": "0.3.0",
+  "version": "0.4.0",
   "npmClient": "yarn",
   "command": {
     "run": {
diff --git a/tsp-typescript-client/package.json b/tsp-typescript-client/package.json
index bc7762d..45e2602 100644
--- a/tsp-typescript-client/package.json
+++ b/tsp-typescript-client/package.json
@@ -1,6 +1,6 @@
 {
   "name": "tsp-typescript-client",
-  "version": "0.3.0",
+  "version": "0.4.0",
   "description": "Trace Server Protocol client written in TypeScript",
   "author": "Ericsson and others",
   "license": "MIT",