diff --git a/CHANGELOG.md b/CHANGELOG.md
index 07c2397f..40b9116d 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,4 +1,4 @@
-## next
+## Changes in 0.34.2
   - Accept subcomponents as dependencies (close #382)
 
 ## Changes in 0.34.1
diff --git a/hpack.cabal b/hpack.cabal
index c0b068db..360e5ba5 100644
--- a/hpack.cabal
+++ b/hpack.cabal
@@ -1,11 +1,11 @@
 cabal-version: 1.12
 
--- This file has been generated from package.yaml by hpack version 0.33.1.
+-- This file has been generated from package.yaml by hpack version 0.34.2.
 --
 -- see: https://github.com/sol/hpack
 
 name:           hpack
-version:        0.34.1
+version:        0.34.2
 synopsis:       A modern format for Haskell packages
 description:    See README at <https://github.com/sol/hpack#readme>
 category:       Development
diff --git a/package.yaml b/package.yaml
index 64056294..4e87bab2 100644
--- a/package.yaml
+++ b/package.yaml
@@ -1,5 +1,5 @@
 name: hpack
-version: 0.34.1
+version: 0.34.2
 synopsis: A modern format for Haskell packages
 description: See README at <https://github.com/sol/hpack#readme>
 maintainer: Simon Hengel <sol@typeful.net>