diff --git a/CMakeLists.txt b/CMakeLists.txt
index 3268f251..e64bdcf2 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -57,8 +57,8 @@ set(CMAKE_MACOSX_RPATH TRUE)
 # minor version changes with added functionality (new tool, functionality of the tool or library, ...) and
 # micro version is changed with a set of small changes or bugfixes anywhere in the project.
 set(LIBNETCONF2_MAJOR_VERSION 3)
-set(LIBNETCONF2_MINOR_VERSION 3)
-set(LIBNETCONF2_MICRO_VERSION 5)
+set(LIBNETCONF2_MINOR_VERSION 4)
+set(LIBNETCONF2_MICRO_VERSION 0)
 set(LIBNETCONF2_VERSION ${LIBNETCONF2_MAJOR_VERSION}.${LIBNETCONF2_MINOR_VERSION}.${LIBNETCONF2_MICRO_VERSION})
 
 # Version of the library