diff --git a/DESCRIPTION b/DESCRIPTION
index 9654f7c..6c3c807 100644
--- a/DESCRIPTION
+++ b/DESCRIPTION
@@ -1,6 +1,6 @@
 Package: pkgbuild
 Title: Find Tools Needed to Build R Packages
-Version: 1.3.1.9000
+Version: 1.4.0
 Authors@R: c(
     person("Hadley", "Wickham", role = "aut"),
     person("Jim", "Hester", role = "aut"),
diff --git a/NEWS.md b/NEWS.md
index 1a83b5f..40747ca 100644
--- a/NEWS.md
+++ b/NEWS.md
@@ -1,5 +1,4 @@
-
-# pkgbuild development version
+# pkgbuild 1.4.0
 
 * pkgbuild can now avoid copying large package directories when building a
   source package. See the `PKG_BUILD_COPY_METHOD` enviroment variable in