diff --git a/.gitignore b/.gitignore
index 119ce54..afe9e07 100644
--- a/.gitignore
+++ b/.gitignore
@@ -1,3 +1,4 @@
 Mako-0.3.4.tar.gz
 Mako-0.3.5.tar.gz
 Mako-0.3.6.tar.gz
+Mako-0.4.0.tar.gz
diff --git a/python-mako.spec b/python-mako.spec
index 0237f02..24f9c29 100644
--- a/python-mako.spec
+++ b/python-mako.spec
@@ -5,8 +5,8 @@
 %endif
 
 Name: python-mako
-Version: 0.3.6
-Release: 2%{?dist}
+Version: 0.4.0
+Release: 1%{?dist}
 Summary: Mako template library for Python
 
 Group: Development/Languages
@@ -110,6 +110,9 @@ rm -rf $RPM_BUILD_ROOT
 %endif
 
 %changelog
+* Thu Feb 24 2011 Luke Macken <lmacken@redhat.com> - 0.4.0-1
+- Update to 0.4.0 (#654779)
+
 * Wed Feb 09 2011 Fedora Release Engineering <rel-eng@lists.fedoraproject.org> - 0.3.6-2
 - Rebuilt for https://fedoraproject.org/wiki/Fedora_15_Mass_Rebuild
 
diff --git a/sources b/sources
index a1034aa..997f97e 100644
--- a/sources
+++ b/sources
@@ -1 +1 @@
-f08ada583d4f0466e4819a810e7bc34b  Mako-0.3.6.tar.gz
+d8acbf3c1d302760f5e4bf0ed2a2ee41  Mako-0.4.0.tar.gz