diff --git a/configure.ac b/configure.ac
index a6c6ed626..9dd5bafbe 100644
--- a/configure.ac
+++ b/configure.ac
@@ -14,7 +14,7 @@ dnl===-----------------------------------------------------------------------===
 #
 define([vma_ver_major], 8)
 define([vma_ver_minor], 7)
-define([vma_ver_revision], 3)
+define([vma_ver_revision], 4)
 define([vma_ver_release], 0)
 
 
@@ -30,7 +30,7 @@ AC_CONFIG_HEADER([config.h])
 
 VMA_LIBRARY_MAJOR=8
 VMA_LIBRARY_MINOR=7
-VMA_LIBRARY_REVISION=3
+VMA_LIBRARY_REVISION=4
 VMA_LIBRARY_RELEASE=0
 
 AC_DEFINE_UNQUOTED(VMA_LIBRARY_MAJOR, ${VMA_LIBRARY_MAJOR}, [VMA Major Version])
diff --git a/journal.txt b/journal.txt
index cd1112cc6..df9b77ec1 100644
--- a/journal.txt
+++ b/journal.txt
@@ -1,3 +1,29 @@
+Version 8.7.4-0:
+Date + Time 2018-11-13
+=============================================================
+Added:
+        - RM #1438405 Parse vlan priority mapping file
+        - RM #1438405 Allow dynamic updating header bits after ring creation
+        - RM #1557652 BF is not supported for upstream on VMs
+        - RM #1557652 Check MLX5_SHUT_UP_BF env
+        - RM #1178933 Print warning while mlx5 RoCE lag is enabled
+        - RM #1540213 Print warning while mlx4 RoCE lag is enabled
+        - RM #1521396 Reduce MP_RQ allocated size when stripping
+        - RM #1563104 Print error while No IB capable devices found
+        - RM #1554637 Modify NetVSC device detection
+        - RM #1072998 Update valgrind suppression file
+        - RM #1523707 Improve plugout processing
+        - RM #1552382 Redirect ioctl SIOCGIFVLAN
+Fixed:
+        - RM #1557668 Fix infinite polling loop during plugout
+        - RM #1564259 Fix IP_TTL socket option inheritance
+        - RM #1557681 Fix timer converter Segmentation fault
+        - RM #1521396 Fix user memory passing to socket
+        - RM #1557786 Protect vma_ib_mlx5_get_cq()
+        - RM #1556067 Add sanity check in clean_cq()
+        - RM #1554167 Fix symbol lookup error for mlx5dv
+        - RM #1523707 Fix deadlock collision for ring_tap
+
 Version 8.7.3-0:
 Date + Time 2018-11-01
 =============================================================