diff --git a/matrix_sdk/Cargo.toml b/matrix_sdk/Cargo.toml
index 37a84cf4..37055dd3 100644
--- a/matrix_sdk/Cargo.toml
+++ b/matrix_sdk/Cargo.toml
@@ -8,7 +8,7 @@ license = "Apache-2.0"
 name = "matrix-sdk"
 readme = "README.md"
 repository = "https://github.com/matrix-org/matrix-rust-sdk"
-version = "0.3.0"
+version = "0.4.0"
 
 [package.metadata.docs.rs]
 features = ["docs"]
diff --git a/matrix_sdk_appservice/Cargo.toml b/matrix_sdk_appservice/Cargo.toml
index 6d8cbac7..cbce7a32 100644
--- a/matrix_sdk_appservice/Cargo.toml
+++ b/matrix_sdk_appservice/Cargo.toml
@@ -36,7 +36,7 @@ tracing = "0.1"
 url = "2"
 warp = { git = "https://github.com/seanmonstar/warp.git", rev = "629405", optional = true, default-features = false }
 
-matrix-sdk = { version = "0.3", path = "../matrix_sdk", default-features = false, features = ["appservice"] }
+matrix-sdk = { version = "0.4", path = "../matrix_sdk", default-features = false, features = ["appservice"] }
 
 [dependencies.ruma]
 version = "0.4.0"