diff --git a/Makefile b/Makefile
index 872f521..051b3a1 100644
--- a/Makefile
+++ b/Makefile
@@ -1,7 +1,7 @@
 include config.mk
 
 NAME = stagit
-VERSION = 0.3.1
+VERSION = 0.4
 SRC = \
 	stagit.c\
 	stagit-index.c