diff --git a/CHANGELOG.md b/CHANGELOG.md
index d86826e4a..24ac2a7ff 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,15 @@
 **Master**
 
-Please check the 3.x branch for previous changes https://github.com/rails/sprockets/blob/3.x/CHANGELOG.md.
+Get upgrade notes from Sprockets 3.x to 4.x at https://github.com/rails/sprockets/blob/master/UPGRADING.md
+
+## 4.0.0.beta2
+
+- Fix load_paths on Sass processors [#223]
+
+
+## 4.0.0.beta1
+
+- Initial release of Sprockets 4
+
+Please upgrade to the latest Sprockets 3 version before upgrading to Sprockets 4. Check the 3.x branch for previous changes https://github.com/rails/sprockets/blob/3.x/CHANGELOG.md.
+
diff --git a/lib/sprockets/version.rb b/lib/sprockets/version.rb
index 0ec9f8044..da7ccf7e4 100644
--- a/lib/sprockets/version.rb
+++ b/lib/sprockets/version.rb
@@ -1,3 +1,3 @@
 module Sprockets
-  VERSION = "4.0.0.beta1"
+  VERSION = "4.0.0.beta2"
 end