diff --git a/byobu b/byobu
index 3f3ae72b..4283ea91 100755
--- a/byobu
+++ b/byobu
@@ -18,7 +18,7 @@
 #    along with this program.  If not, see <http://www.gnu.org/licenses/>.
 
 PKG="byobu"
-VERSION=2.39
+VERSION=2.40
 
 # Add a version argument for debugging purposes
 if [ "$1" = "-v" ]; then
diff --git a/debian/changelog b/debian/changelog
index 8e79f688..0abc7a7d 100644
--- a/debian/changelog
+++ b/debian/changelog
@@ -1,3 +1,9 @@
+byobu (2.40) unreleased; urgency=low
+
+  * UNRELEASED
+
+ -- Dustin Kirkland <kirkland@ubuntu.com>  Tue, 10 Nov 2009 10:18:20 -0600
+
 byobu (2.39-0ubuntu1) lucid; urgency=low
 
   [ Dustin Kirkland ]
diff --git a/rpm/byobu.spec b/rpm/byobu.spec
index b74afac0..9fcc94dc 100644
--- a/rpm/byobu.spec
+++ b/rpm/byobu.spec
@@ -1,12 +1,12 @@
 Name:           byobu
-Version:        2.39
+Version:        2.40
 Release:        1%{?dist}
 Summary:        a set of useful profiles and a profile-switcher for GNU screen
 
 Group:          Applications/System
 License:        GPL
 URL:            http://launchpad.net/byobu
-Source0:        http://code.launchpad.net/byobu/trunk/2.39/+download/byobu_2.39.orig.tar.gz
+Source0:        http://code.launchpad.net/byobu/trunk/2.40/+download/byobu_2.40.orig.tar.gz
 BuildRoot:      %{_tmppath}/%{name}-%{version}-%{release}-root-%(%{__id_u} -n)
 BuildArch:	noarch