diff --git a/.github/ISSUE_TEMPLATE.md b/.github/ISSUE_TEMPLATE.md
index 8a0dfa4c9..3dbc5e468 100644
--- a/.github/ISSUE_TEMPLATE.md
+++ b/.github/ISSUE_TEMPLATE.md
@@ -16,11 +16,11 @@ Objective of issue:
 <!-- Lava Version bug found in or Lava Version feature is targeting-->
 
 **Lava version:**
-<!-- remove version not chosen below -->
-- [ ] **0.4.0** (feature release)
-- [ ] **0.3.1** (bug fixes)
-- [x] **0.3.0** (current version)
-- [ ] **0.2.0**
+<!-- remove versions not chosen below -->
+- [ ] **0.5.0** (feature release)
+- [ ] **0.4.1** (bug fixes)
+- [x] **0.4.0** (current version)
+- [ ] **0.3.0**
 - [ ] **0.1.2**
 
 **I'm submitting a ...**