diff --git a/CHANGELOG.md b/CHANGELOG.md
index 83389af..41019a6 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,9 @@
 # Flask-Migrate Change Log
 
+## Release 2.0.4 - 2017-05-30
+
+- Support -x arguments in "migrate" command (#148)
+
 ## Release 2.0.3 - 2017-01-29
 
 - Support multiple -x arguments in the Flask-Script interface (#103)
diff --git a/setup.py b/setup.py
index 48c3f39..4514206 100644
--- a/setup.py
+++ b/setup.py
@@ -9,7 +9,7 @@
 
 setup(
     name='Flask-Migrate',
-    version='2.0.3',
+    version='2.0.4',
     url='http://github.com/miguelgrinberg/flask-migrate/',
     license='MIT',
     author='Miguel Grinberg',