diff --git a/CHANGELOG.md b/CHANGELOG.md
index 4d15c6a0c..050082e58 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,13 @@
 
 All notable changes to this project are documented in this file.
 
+## 0.0.4 (2020-08-20)
+
+This prerelease adds support for merging a flat single value from
+a `ValueReference` at the defined `TargetPath`, and fixes a bug in
+the merging of values where overwrites of a map with a flat single
+value was not allowed.
+
 ## 0.0.3 (2020-08-18)
 
 This prerelease upgrades the `github.com/fluxcd/pkg/*` dependencies to
diff --git a/go.mod b/go.mod
index 43195dc74..4ac5579a4 100644
--- a/go.mod
+++ b/go.mod
@@ -5,7 +5,7 @@ go 1.14
 replace github.com/fluxcd/helm-controller/api => ./api
 
 require (
-	github.com/fluxcd/helm-controller/api v0.0.3
+	github.com/fluxcd/helm-controller/api v0.0.4
 	github.com/fluxcd/pkg/lockedfile v0.0.5
 	github.com/fluxcd/pkg/recorder v0.0.5
 	github.com/fluxcd/source-controller/api v0.0.9