diff --git a/NEWS b/NEWS
index 1f445338..90f98084 100644
--- a/NEWS
+++ b/NEWS
@@ -2,6 +2,8 @@
 User visible changes for UPX
 ==================================================================
 
+Changes in 3.94 (XX XXX 2017):
+
 Changes in 3.93 (29 Jan 2017):
   * UPX has moved to GitHub - the new home page is https://upx.github.io
   * fixed some win32/pe and win64/pe regressions introduced in 3.92
diff --git a/src/version.h b/src/version.h
index f7c03717..5c689a7a 100644
--- a/src/version.h
+++ b/src/version.h
@@ -1,8 +1,8 @@
-#define UPX_VERSION_HEX         0x035d00        /* 03.93.00 */
-#define UPX_VERSION_STRING      "3.93"
-#define UPX_VERSION_STRING4     "3.93"
-#define UPX_VERSION_DATE        "Jan 29th 2017"
-#define UPX_VERSION_DATE_ISO    "2017-01-29"
+#define UPX_VERSION_HEX         0x035e00        /* 03.94.00 */
+#define UPX_VERSION_STRING      "3.94"
+#define UPX_VERSION_STRING4     "3.94"
+#define UPX_VERSION_DATE        "Jan 30th 2017"
+#define UPX_VERSION_DATE_ISO    "2017-01-30"
 #define UPX_VERSION_YEAR        "2017"
 
 /* vim:set ts=4 sw=4 et: */