diff --git a/Makefile b/Makefile
index f14e90919f1d5e7fefe1aa1689005f7a781b0b63..77bec70d47458cc2e685eed501bf821ba4f0badf 100755
--- a/Makefile
+++ b/Makefile
@@ -14,8 +14,8 @@
 
 # Bump these on release - and please check ISO_VERSION for correctness.
 VERSION_MAJOR ?= 0
-VERSION_MINOR ?= 34
-VERSION_BUILD ?= 1
+VERSION_MINOR ?= 35
+VERSION_BUILD ?= 0
 # Default to .0 for higher cache hit rates, as build increments typically don't require new ISO versions
 ISO_VERSION ?= v$(VERSION_MAJOR).$(VERSION_MINOR).0