diff --git a/Project.toml b/Project.toml
index 38ada9422..b42a712d7 100644
--- a/Project.toml
+++ b/Project.toml
@@ -1,7 +1,7 @@
 name = "LFAToolkit"
 uuid = "3f92b583-c0aa-4596-8bdf-f02f6c0a52df"
 authors = ["Jeremy L Thompson <thompson.jeremy.luke@gmail.com>"]
-version = "0.3.0"
+version = "0.4.0"
 
 [deps]
 LinearAlgebra = "37e2e46d-f89d-539d-b4ee-838fcccc9c8e"
diff --git a/docs/src/release_notes.md b/docs/src/release_notes.md
index 480eb1578..e5a426645 100644
--- a/docs/src/release_notes.md
+++ b/docs/src/release_notes.md
@@ -2,7 +2,15 @@
 
 ## Current Development
 
-Current development includes improved functionality and bugfixes.
+Current development includes:
+
+Enhancements:
+
+Bugfixes:
+
+## v0.4.0
+
+This release includes improved functionality and bugfixes.
 
 Enhancements:
 
@@ -11,15 +19,10 @@ Enhancements:
 Bugfixes:
 
 * Minor spelling and notation errors corrected
-
 * Newton tolerance for quadrature point computation relaxed
-
 * Identity preconditioner modified for compatibility with multigrid
-
 * Fix computation of change of coordinates for gradient and quadrature weights
-
 * Fix computation of eigenvalue estimates and error iteration for Chebyshev smoother
-
 * Fix injection operator for Dirichlet BDDC
 
 Examples:
@@ -28,7 +31,7 @@ Examples:
 
 ## v0.3.0
 
-This release include updated functionality and an interface change.
+This release includes updated functionality and an interface change.
 
 Breaking change: