diff --git a/ChangeLog b/ChangeLog
index 62e687151..08cda5998 100644
--- a/ChangeLog
+++ b/ChangeLog
@@ -1,3 +1,9 @@
+2008-11-26 Brian Behlendorf <behlendorf1@llnl.gov>
+
+	* : Tag spl-0.4.0 (Development now done with Git)
+
+	* : Imported SPL SVN repo in to Git Repo for core development.
+
 2008-11-26 Brian Behlendorf <behlendorf1@llnl.gov>
 
 	* : Tag spl-0.3.5
diff --git a/META b/META
index 5f6c459c0..6e5ae867f 100644
--- a/META
+++ b/META
@@ -1,6 +1,6 @@
 Meta:         1
 Name:         spl
 Branch:       1.0
-Version:      0.3.5
+Version:      0.4.0
 Release:      1
 Release-Tags: relext