diff --git a/buildtools/pom.xml b/buildtools/pom.xml
index 609311b..c0ff54f 100644
--- a/buildtools/pom.xml
+++ b/buildtools/pom.xml
@@ -20,7 +20,7 @@
     <parent>
         <groupId>org.apache.cxf.build-utils</groupId>
         <artifactId>cxf-build-utils</artifactId>
-        <version>3.3.1-SNAPSHOT</version>
+        <version>3.4.0</version>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>
diff --git a/pom.xml b/pom.xml
index f2a4696..98cc7f6 100644
--- a/pom.xml
+++ b/pom.xml
@@ -26,7 +26,7 @@
     <modelVersion>4.0.0</modelVersion>
     <groupId>org.apache.cxf.build-utils</groupId>
     <artifactId>cxf-build-utils</artifactId>
-    <version>3.3.1-SNAPSHOT</version>
+    <version>3.4.0</version>
     <name>Apache CXF Build Utilities</name>
     <url>http://cxf.apache.org</url>
     <packaging>pom</packaging>
@@ -47,7 +47,7 @@
     <scm>
       <connection>scm:git:https://gitbox.apache.org/repos/asf/cxf-build-utils.git</connection>
       <developerConnection>scm:git:https://gitbox.apache.org/repos/asf/cxf-build-utils.git</developerConnection>
-      <tag>HEAD</tag>
+      <tag>cxf-build-utils-3.4.0</tag>
   </scm>
     <mailingLists>
         <mailingList>
diff --git a/xml2fastinfoset-plugin/pom.xml b/xml2fastinfoset-plugin/pom.xml
index e5cd8da..ff56e56 100644
--- a/xml2fastinfoset-plugin/pom.xml
+++ b/xml2fastinfoset-plugin/pom.xml
@@ -21,7 +21,7 @@
     <parent>
          <groupId>org.apache.cxf.build-utils</groupId>
          <artifactId>cxf-build-utils</artifactId>
-         <version>3.3.1-SNAPSHOT</version>
+         <version>3.4.0</version>
     </parent>
 
 
diff --git a/xml2fastinfoset-test/pom.xml b/xml2fastinfoset-test/pom.xml
index 9058ec0..6b3c698 100644
--- a/xml2fastinfoset-test/pom.xml
+++ b/xml2fastinfoset-test/pom.xml
@@ -22,7 +22,7 @@
     <parent>
         <groupId>org.apache.cxf.build-utils</groupId>
         <artifactId>cxf-build-utils</artifactId>
-        <version>3.3.1-SNAPSHOT</version>
+        <version>3.4.0</version>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>