diff --git a/CMakeLists.txt b/CMakeLists.txt
index ae410d8fe..fd211f5a0 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -31,8 +31,8 @@ PROJECT(OpenSceneGraph)
 
 SET(OPENSCENEGRAPH_MAJOR_VERSION 2)
 SET(OPENSCENEGRAPH_MINOR_VERSION 7)
-SET(OPENSCENEGRAPH_PATCH_VERSION 3)
-SET(OPENSCENEGRAPH_SOVERSION 47)
+SET(OPENSCENEGRAPH_PATCH_VERSION 4)
+SET(OPENSCENEGRAPH_SOVERSION 49)
 
 # set to 0 when not a release candidate, non zero means that any generated 
 # svn tags will be treated as release candidates of given number
diff --git a/include/osg/Version b/include/osg/Version
index 78f3af42f..de1cfd670 100644
--- a/include/osg/Version
+++ b/include/osg/Version
@@ -21,8 +21,8 @@ extern "C" {
 
 #define OPENSCENEGRAPH_MAJOR_VERSION    2
 #define OPENSCENEGRAPH_MINOR_VERSION    7
-#define OPENSCENEGRAPH_PATCH_VERSION    3
-#define OPENSCENEGRAPH_SOVERSION        47
+#define OPENSCENEGRAPH_PATCH_VERSION    4
+#define OPENSCENEGRAPH_SOVERSION        49
 
 /**
   * osgGetVersion() returns the library version number.
diff --git a/packaging/pkgconfig/openscenegraph.pc b/packaging/pkgconfig/openscenegraph.pc
index 6adad5377..8bc251873 100644
--- a/packaging/pkgconfig/openscenegraph.pc
+++ b/packaging/pkgconfig/openscenegraph.pc
@@ -7,7 +7,7 @@ includedir=${prefix}/include
 
 Name: openscenegraph
 Description: 3D scenegraph
-Version: 2.7.3
+Version: 2.7.4
 Requires: openthreads
 Conflicts:
 Libs: -L${libdir} -losg -losgDB -losgFX -losgGA -losgParticle -losgSim -losgText -losgUtil -losgTerrain -losgManipulator -losgViewer -losgWidget
diff --git a/packaging/pkgconfig/openthreads.pc b/packaging/pkgconfig/openthreads.pc
index cdf0309b5..1c5ee6d90 100644
--- a/packaging/pkgconfig/openthreads.pc
+++ b/packaging/pkgconfig/openthreads.pc
@@ -7,7 +7,7 @@ includedir=${prefix}/include
 
 Name: openthreads
 Description: Object-Oriented (OO) thread interface for C++ programmers
-Version: 2.3.0
+Version: 2.3.1
 Requires:
 Conflicts:
 Libs: -L${libdir} -lOpenThreads