diff --git a/RELEASE-NOTES b/RELEASE-NOTES
index 5f14a446..2a06061e 100644
--- a/RELEASE-NOTES
+++ b/RELEASE-NOTES
@@ -1,3 +1,13 @@
+# Release 3.0.5 : (Security update)
+
+This is a follow-up to the 3.0.4 release, which did not completely fix
+issue #3374. Users should upgrade to 3.0.5.
+
+ * The JSONRPC interface is password protected
+ * JSONRPC commands are disabled if the GUI is running, except 'ping',
+   which is used to determine if a GUI is already running
+
+
 # Release 3.0.4 : (Security update)
 
  * Fix a vulnerability caused by Cross-Origin Resource Sharing (CORS)
diff --git a/lib/version.py b/lib/version.py
index 687527d6..2f71ac17 100644
--- a/lib/version.py
+++ b/lib/version.py
@@ -1,4 +1,4 @@
-ELECTRUM_VERSION = '3.0.4'   # version of the client package
+ELECTRUM_VERSION = '3.0.5'   # version of the client package
 PROTOCOL_VERSION = '1.1'     # protocol version requested
 
 # The hash of the mnemonic seed must begin with this