diff --git a/CMakeLists.txt b/CMakeLists.txt
index efdec314c33b9ba188bb385de3e65e4db2f8c766..5be1c1aa27deec828e8b4eb78dad73a1be88a907 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -1,7 +1,7 @@
 cmake_minimum_required (VERSION 2.8.6)
 project (opendht)
 set (opendht_VERSION_MAJOR 1)
-set (opendht_VERSION_MINOR 3.3)
+set (opendht_VERSION_MINOR 3.4)
 set (opendht_VERSION ${opendht_VERSION_MAJOR}.${opendht_VERSION_MINOR})
 set (PACKAGE_VERSION ${opendht_VERSION})
 set (VERSION "${opendht_VERSION}")
diff --git a/configure.ac b/configure.ac
index 336dd4863d77d966069e1bb6ad84dab90dfe667f..aa2befcb982050ac20d28a18e007a99e6db14581 100644
--- a/configure.ac
+++ b/configure.ac
@@ -1,7 +1,7 @@
 dnl define macros
 m4_define([opendht_major_version], 1)
 m4_define([opendht_minor_version], 3)
-m4_define([opendht_patch_version], 3)
+m4_define([opendht_patch_version], 4)
 m4_define([opendht_version],
 		  [opendht_major_version.opendht_minor_version.opendht_patch_version])