diff --git a/CHANGES b/CHANGES
index f654824..d490b20 100644
--- a/CHANGES
+++ b/CHANGES
@@ -1,3 +1,8 @@
+0.3.5
+=====
+Fixing a bug with the ``--trace`` option, which outputs a traceback if an
+exception occurs.
+
 0.3.4
 =====
 Commands will now work if the type annotation of an argument is missing - in
diff --git a/targ/__init__.py b/targ/__init__.py
index edb506d..c4ec796 100644
--- a/targ/__init__.py
+++ b/targ/__init__.py
@@ -19,7 +19,7 @@
 
 from .format import Color, format_text, get_underline
 
-__VERSION__ = "0.3.4"
+__VERSION__ = "0.3.5"
 
 
 # If an annotation is one of these values, we will convert the string value