diff --git a/Core/EmuSettings.cpp b/Core/EmuSettings.cpp
index 2a8eb3cc..e3ae7c3d 100644
--- a/Core/EmuSettings.cpp
+++ b/Core/EmuSettings.cpp
@@ -21,9 +21,9 @@ EmuSettings::EmuSettings(Console* console)
 
 uint32_t EmuSettings::GetVersion()
 {
-	//Version 0.3.0
+	//Version 0.4.0
 	uint16_t major = 0;
-	uint8_t minor = 3;
+	uint8_t minor = 4;
 	uint8_t revision = 0;
 	return (major << 16) | (minor << 8) | revision;
 }
diff --git a/UI/Config/Configuration.cs b/UI/Config/Configuration.cs
index b156b165..d664b36a 100644
--- a/UI/Config/Configuration.cs
+++ b/UI/Config/Configuration.cs
@@ -14,7 +14,7 @@ public class Configuration
 	{
 		private bool _needToSave = false;
 
-		public string Version = "0.3.0";
+		public string Version = "0.4.0";
 		public VideoConfig Video;
 		public AudioConfig Audio;
 		public InputConfig Input;
diff --git a/UI/Properties/AssemblyInfo.cs b/UI/Properties/AssemblyInfo.cs
index 7403b0e6..3ffb0ba9 100644
--- a/UI/Properties/AssemblyInfo.cs
+++ b/UI/Properties/AssemblyInfo.cs
@@ -32,5 +32,5 @@
 // You can specify all the values or you can default the Build and Revision Numbers 
 // by using the '*' as shown below:
 // [assembly: AssemblyVersion("1.0.*")]
-[assembly: AssemblyVersion("0.3.*")]
-[assembly: AssemblyFileVersion("0.3.0.0")]
+[assembly: AssemblyVersion("0.4.*")]
+[assembly: AssemblyFileVersion("0.4.0.0")]