diff --git a/CMakeLists.txt b/CMakeLists.txt
index f20251c36..5dee28a88 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -9,7 +9,7 @@ endif()
 
 project(OSRM C CXX)
 set(OSRM_VERSION_MAJOR 5)
-set(OSRM_VERSION_MINOR 3)
+set(OSRM_VERSION_MINOR 4)
 set(OSRM_VERSION_PATCH 0)
 
 # these two functions build up custom variables: