diff --git a/Makefile b/Makefile
index 2bff9d4..120b0c8 100644
--- a/Makefile
+++ b/Makefile
@@ -1,7 +1,7 @@
 # also bump pve-kernel-meta if either of MAJ.MIN, PATCHLEVEL or KREL change
 KERNEL_MAJ=5
 KERNEL_MIN=4
-KERNEL_PATCHLEVEL=30
+KERNEL_PATCHLEVEL=34
 # increment KREL if the ABI changes (abicheck target in debian/rules)
 # rebuild packages with new KREL and run 'make abiupdate'
 KREL=1
diff --git a/debian/changelog b/debian/changelog
index 9fbfa9f..10bd927 100644
--- a/debian/changelog
+++ b/debian/changelog
@@ -1,3 +1,11 @@
+pve-kernel (5.4.34-1) pve pmg; urgency=medium
+
+  * update to Ubuntu-5.4.0-30.34
+
+  * bump ABI to 5.4.34-1
+
+ -- Proxmox Support Team <support@proxmox.com>  Wed, 06 May 2020 10:16:59 +0200
+
 pve-kernel (5.4.30-1) pve pmg; urgency=medium
 
   * update to Ubuntu-5.4.0-24.28