diff --git a/package-lock.json b/package-lock.json
index e6b40ff5..ad7b7fbd 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -1,12 +1,12 @@
 {
     "name": "debugpy",
-    "version": "2024.3.0-dev",
+    "version": "2024.4.0-rc",
     "lockfileVersion": 2,
     "requires": true,
     "packages": {
         "": {
             "name": "debugpy",
-            "version": "2024.3.0-dev",
+            "version": "2024.4.0-rc",
             "license": "MIT",
             "dependencies": {
                 "@vscode/extension-telemetry": "^0.8.5",
diff --git a/package.json b/package.json
index 457eb7fb..475e4157 100644
--- a/package.json
+++ b/package.json
@@ -2,7 +2,7 @@
     "name": "debugpy",
     "displayName": "Python Debugger",
     "description": "Python Debugger extension using debugpy.",
-    "version": "2024.3.0-dev",
+    "version": "2024.4.0-rc",
     "publisher": "ms-python",
     "enabledApiProposals": [
         "portsAttributes",