diff --git a/matrix-sdk-android/build.gradle b/matrix-sdk-android/build.gradle
index 45a962f12c..e6b526585b 100644
--- a/matrix-sdk-android/build.gradle
+++ b/matrix-sdk-android/build.gradle
@@ -60,7 +60,7 @@ android {
         // that the app's state is completely cleared between tests.
         testInstrumentationRunnerArguments clearPackageData: 'true'
 
-        buildConfigField "String", "SDK_VERSION", "\"1.4.32\""
+        buildConfigField "String", "SDK_VERSION", "\"1.4.34\""
 
         buildConfigField "String", "GIT_SDK_REVISION", "\"${gitRevision()}\""
         buildConfigField "String", "GIT_SDK_REVISION_UNIX_DATE", "\"${gitRevisionUnixDate()}\""
diff --git a/vector/build.gradle b/vector/build.gradle
index e5bd835a8f..cb7ee67a6a 100644
--- a/vector/build.gradle
+++ b/vector/build.gradle
@@ -37,7 +37,7 @@ ext.versionMinor = 4
 // Note: even values are reserved for regular release, odd values for hotfix release.
 // When creating a hotfix, you should decrease the value, since the current value
 // is the value for the next regular release.
-ext.versionPatch = 32
+ext.versionPatch = 34
 
 static def getGitTimestamp() {
     def cmd = 'git show -s --format=%ct'