diff --git a/setup.py b/setup.py
index 1c779faa305e81a83c5d08cba7caa2ce74738ec1..f53412d42582d34c79036a8dfd0b8d4d075511e5 100644
--- a/setup.py
+++ b/setup.py
@@ -10,7 +10,7 @@ with open('requirements.txt','r') as req_file:
     install_reqs = [line.strip() for line in req_file.readlines()]
 
 setup(name='distiller',
-      version='0.3.0-pre',
+      version='0.4.0-pre',
       packages=packages,
       install_requires=install_reqs
       )