diff --git a/docs/community/release-notes.md b/docs/community/release-notes.md
index 6fcb5bb6b..cda24809f 100644
--- a/docs/community/release-notes.md
+++ b/docs/community/release-notes.md
@@ -40,6 +40,12 @@ You can determine your currently installed version using `pip show`:
 
 ## 3.9.x series
 
+### 3.9.4
+
+**Date**: [10th May 2019]
+
+This is a maintenance release that fixes an error handling bug under Python 2.
+
 ### 3.9.3
 
 **Date**: [29th April 2019]
diff --git a/rest_framework/__init__.py b/rest_framework/__init__.py
index 53dc7bd47..45f3213ee 100644
--- a/rest_framework/__init__.py
+++ b/rest_framework/__init__.py
@@ -8,7 +8,7 @@ ______ _____ _____ _____    __
 """
 
 __title__ = 'Django REST framework'
-__version__ = '3.9.3'
+__version__ = '3.9.4'
 __author__ = 'Tom Christie'
 __license__ = 'BSD 2-Clause'
 __copyright__ = 'Copyright 2011-2019 Encode OSS Ltd'