diff --git a/README.md b/README.md
index 490d008cb4..40fa6be6c9 100644
--- a/README.md
+++ b/README.md
@@ -36,7 +36,7 @@ non-Fortran related package manager.
 
 __Note:__ On Linux and MacOS, you will need to enable executable permission before you can use the binary.
 
-_e.g._ `$ chmod u+x fpm-0.3.0-linux-x86_64`
+_e.g._ `$ chmod u+x fpm-0.4.0-linux-x86_64`
 
 #### Conda
 
diff --git a/fpm.toml b/fpm.toml
index c7ab9cfb8b..12ec05aad7 100644
--- a/fpm.toml
+++ b/fpm.toml
@@ -1,5 +1,5 @@
 name = "fpm"
-version = "0.3.0"
+version = "0.4.0"
 license = "MIT"
 author = "fpm maintainers"
 maintainer = ""
diff --git a/src/fpm_command_line.f90 b/src/fpm_command_line.f90
index 9c2da6b572..2f00b5865b 100644
--- a/src/fpm_command_line.f90
+++ b/src/fpm_command_line.f90
@@ -137,7 +137,7 @@ subroutine get_command_line_settings(cmd_settings)
             case default     ; os_type =  "OS Type:     UNKNOWN"
         end select
         version_text = [character(len=80) :: &
-         &  'Version:     0.3.0, alpha',                               &
+         &  'Version:     0.4.0, alpha',                               &
          &  'Program:     fpm(1)',                                     &
          &  'Description: A Fortran package manager and build system', &
          &  'Home Page:   https://github.com/fortran-lang/fpm',        &