diff --git a/NEWS b/NEWS
index 84042a708..ec02ae149 100644
--- a/NEWS
+++ b/NEWS
@@ -1,4 +1,4 @@
-1.3.4.dev0
+1.3.4
  * Part of #125: Color borgmatic (but not Borg) output when using an interactive terminal.
  # #166: Run tests for all installed versions of Python.
  * #168: Update README with continuous integration badge.
diff --git a/setup.py b/setup.py
index d2ca1f9d7..ac359ba0a 100644
--- a/setup.py
+++ b/setup.py
@@ -1,6 +1,6 @@
 from setuptools import find_packages, setup
 
-VERSION = '1.3.4.dev0'
+VERSION = '1.3.4'
 
 
 setup(