diff --git a/Cargo.lock b/Cargo.lock
index e29bdbfd4..82cb36b83 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -149,7 +149,7 @@ dependencies = [
 
 [[package]]
 name = "cloud-hypervisor"
-version = "28.3.0"
+version = "28.4.0"
 dependencies = [
  "anyhow",
  "api_client",
diff --git a/Cargo.toml b/Cargo.toml
index d47e37277..3f34fb83f 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "cloud-hypervisor"
-version = "28.3.0"
+version = "28.4.0"
 authors = ["The Cloud Hypervisor Authors"]
 edition = "2021"
 default-run = "cloud-hypervisor"
diff --git a/release-notes.md b/release-notes.md
index 6845c7112..920d49063 100644
--- a/release-notes.md
+++ b/release-notes.md
@@ -1,3 +1,4 @@
+- [v28.4](#v284)
 - [v28.3](#v283)
 - [v28.2](#v282)
 - [v28.1](#v281)
@@ -251,6 +252,22 @@
     - [Integration tests parallelization](#integration-tests-parallelization)
 
 
+# v28.4
+
+This is a bug fix release. The following issues have been addressed:
+
+* Fix VFIO on platforms with non-4k page size (#5450)
+* Fix seccomp filter lists related to virtio-console, serial and pty
+(#5506, #5524)
+* Populate APIC ID properly (#5512)
+* Ignore and warn TAP FDs in more situations (#5522)
+* Disallow concurrent CPU resizing (#5668)
+* Use wrapping add for memory offset from instruction emulator (#5719)
+* Replace unsound `static mut` with `once_cell` (#5772)
+* Fix a deadlock when TDX is enabled (#5845)
+* Bug fix to OpenAPI specification file (#5967)
+* Error out early for live migration when TDX is enabled (#6025)
+
 # v28.3
 
 This is a bug fix release. The following issues have been addressed:
diff --git a/vm-migration/src/lib.rs b/vm-migration/src/lib.rs
index 8f1b9c67f..7b015add9 100644
--- a/vm-migration/src/lib.rs
+++ b/vm-migration/src/lib.rs
@@ -13,7 +13,7 @@ pub mod protocol;
 
 /// Global VMM version for versioning
 const MAJOR_VERSION: u16 = 28;
-const MINOR_VERSION: u16 = 3;
+const MINOR_VERSION: u16 = 4;
 const VMM_VERSION: u16 = MAJOR_VERSION << 12 | MINOR_VERSION & 0b1111;
 
 pub trait VersionMapped {