diff --git a/CHANGELOG.md b/CHANGELOG.md
index 8372e8f..d4699f4 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,11 @@
 # Changelog
 
+## v0.4.0
+
+* Enhancements
+  * Support for distillery ~> 2.0
+  * Support for Elixir ~> 1.7
+
 ## v0.3.1
 
 For Shoehorn, these are our goals:
diff --git a/mix.exs b/mix.exs
index aaa6af3..6526d91 100644
--- a/mix.exs
+++ b/mix.exs
@@ -4,7 +4,7 @@ defmodule Shoehorn.Mixfile do
   def project do
     [
       app: :shoehorn,
-      version: "0.3.1",
+      version: "0.4.0",
       elixir: "~> 1.4",
       build_embedded: Mix.env() == :prod,
       start_permanent: Mix.env() == :prod,