diff --git a/discord/__init__.py b/discord/__init__.py
index 98cae9523..84509c0fb 100644
--- a/discord/__init__.py
+++ b/discord/__init__.py
@@ -15,8 +15,8 @@ __title__ = 'discord'
 __author__ = 'Rapptz'
 __license__ = 'MIT'
 __copyright__ = 'Copyright 2015 Rapptz'
-__version__ = '0.3.1'
-__build__ = 0x003010
+__version__ = '0.4.0'
+__build__ = 0x004000
 
 from client import Client
 from user import User
diff --git a/docs/conf.py b/docs/conf.py
index 2c784de48..4932b961d 100644
--- a/docs/conf.py
+++ b/docs/conf.py
@@ -53,9 +53,9 @@ copyright = u'2015, Rapptz'
 # built documents.
 #
 # The short X.Y version.
-version = '0.1.0'
+version = '0.4.0'
 # The full version, including alpha/beta/rc tags.
-release = '0.1.0'
+release = '0.4.0'
 
 # The language for content autogenerated by Sphinx. Refer to documentation
 # for a list of supported languages.