diff --git a/CHANGES.md b/CHANGES.md
index 4a82d9c2..17df1d7c 100644
--- a/CHANGES.md
+++ b/CHANGES.md
@@ -1,7 +1,8 @@
 # pyfakefs Release Notes
 The released versions correspond to PyPI releases.
 
-## Unreleased
+## [Version 5.4.0](https://pypi.python.org/pypi/pyfakefs/5.4.0) (2024-04-07)
+Improves permission handling.
 
 ### Changes
 * the handling of file permissions under Posix should now mostly match the behavior
diff --git a/docs/conf.py b/docs/conf.py
index 2b8f0d49..ea3de135 100644
--- a/docs/conf.py
+++ b/docs/conf.py
@@ -56,7 +56,7 @@
 project = "pyfakefs"
 copyright = """2009 Google Inc. All Rights Reserved.
 © Copyright 2014 Altera Corporation. All Rights Reserved.
-© Copyright 2014-2023 John McGehee"""
+© Copyright 2014-2024 John McGehee"""
 author = "John McGehee"
 
 # The version info for the project you're documenting, acts as replacement for
@@ -64,9 +64,9 @@
 # built documents.
 #
 # The short X.Y version.
-version = "5.4"
+version = "5.4.0"
 # The full version, including alpha/beta/rc tags.
-release = "5.4.dev0"
+release = "5.4.0"
 
 # The language for content autogenerated by Sphinx. Refer to documentation
 # for a list of supported languages.
diff --git a/pyfakefs/_version.py b/pyfakefs/_version.py
index c1d53f3c..fc30498f 100644
--- a/pyfakefs/_version.py
+++ b/pyfakefs/_version.py
@@ -1 +1 @@
-__version__ = "5.4.dev0"
+__version__ = "5.4.0"