diff --git a/CHANGELOG.rst b/CHANGELOG.rst
index d9ca9f53..fa548486 100644
--- a/CHANGELOG.rst
+++ b/CHANGELOG.rst
@@ -3,10 +3,12 @@
 History
 -------
 
-3.4.1 (unreleased)
+3.5.0 (2017-07-10)
 ------------------
 
-- Nothing changed yet.
+- Add metrics factory and allow tags for metrics [#45]
+- Save baggage in span [#54]
+- Allow to override hostname for jaeger agent [#51]
 
 
 3.4.0 (2017-03-20)
diff --git a/jaeger_client/__init__.py b/jaeger_client/__init__.py
index 0299098d..f0bd0cb8 100644
--- a/jaeger_client/__init__.py
+++ b/jaeger_client/__init__.py
@@ -27,7 +27,7 @@
 import jaeger_client.thrift_gen as modpath
 sys.path.append(modpath.__path__[0])
 
-__version__ = '3.4.1.dev0'
+__version__ = '3.5.0'
 
 from .tracer import Tracer  # noqa
 from .config import Config  # noqa