diff --git a/README.md b/README.md
index eb864fd77..0d8a338cb 100644
--- a/README.md
+++ b/README.md
@@ -5,7 +5,7 @@ TES3MP
 
 TES3MP is a project aiming to add multiplayer functionality to [OpenMW](https://github.com/OpenMW/openmw), a free and open source recreation of the popular Bethesda Softworks' game "The Elder Scrolls III: Morrowind".
 
-* Version: 0.4.1
+* Version: 0.4.2
 * License: GPLv3 (see docs/license/GPL3.txt for more information)
 * Website: https://steamcommunity.com/groups/mwmulti
 
diff --git a/components/openmw-mp/Version.hpp b/components/openmw-mp/Version.hpp
index 8cfbef68e..3b4d57b7d 100644
--- a/components/openmw-mp/Version.hpp
+++ b/components/openmw-mp/Version.hpp
@@ -5,7 +5,7 @@
 #ifndef OPENMW_VERSION_HPP
 #define OPENMW_VERSION_HPP
 
-#define TES3MP_VERSION "0.4.1"
-#define TES3MP_PROTO_VERSION 4
+#define TES3MP_VERSION "0.4.2"
+#define TES3MP_PROTO_VERSION 5
 
 #endif //OPENMW_VERSION_HPP