diff --git a/package.json b/package.json
index 9091a0d76cb70..9f50ca7fc8cd4 100644
--- a/package.json
+++ b/package.json
@@ -2,8 +2,8 @@
     "name": "typescript",
     "author": "Microsoft Corp.",
     "homepage": "http://typescriptlang.org/",
-    "version": "3.1.3",
-    "license": "Apache-2.0",
+    "version": "3.1.4",
+   "license": "Apache-2.0",
     "description": "TypeScript is a language for application scale JavaScript development",
     "keywords": [
         "TypeScript",
diff --git a/src/compiler/core.ts b/src/compiler/core.ts
index af0214a3296c3..0eb02368b919e 100644
--- a/src/compiler/core.ts
+++ b/src/compiler/core.ts
@@ -3,7 +3,7 @@ namespace ts {
     // If changing the text in this section, be sure to test `configureNightly` too.
     export const versionMajorMinor = "3.1";
     /** The version of the TypeScript compiler release */
-    export const version = `${versionMajorMinor}.3`;
+    export const version = `${versionMajorMinor}.4`;
 }
 
 namespace ts {