diff --git a/CHANGES b/CHANGES
index e8acb14a897..5b404164405 100644
--- a/CHANGES
+++ b/CHANGES
@@ -1,20 +1,11 @@
-Release 3.5.4 (in development)
-==============================
+Release 3.5.4 (released Apr 11, 2021)
+=====================================
 
 Dependencies
 ------------
 
 * #9071: Restrict docutils to 0.16
 
-Incompatible changes
---------------------
-
-Deprecated
-----------
-
-Features added
---------------
-
 Bugs fixed
 ----------
 
@@ -26,9 +17,6 @@ Bugs fixed
   - The content of ``sidebar`` directive
   - figures
 
-Testing
---------
-
 Release 3.5.3 (released Mar 20, 2021)
 =====================================
 
diff --git a/sphinx/__init__.py b/sphinx/__init__.py
index e72c9f81c5c..179bcd24192 100644
--- a/sphinx/__init__.py
+++ b/sphinx/__init__.py
@@ -32,7 +32,7 @@
 warnings.filterwarnings('ignore', "'U' mode is deprecated",
                         DeprecationWarning, module='docutils.io')
 
-__version__ = '3.5.4+'
+__version__ = '3.5.4'
 __released__ = '3.5.4'  # used when Sphinx builds its own docs
 
 #: Version info for better programmatic use.
@@ -43,7 +43,7 @@
 #:
 #: .. versionadded:: 1.2
 #:    Before version 1.2, check the string ``sphinx.__version__``.
-version_info = (3, 5, 4, 'beta', 0)
+version_info = (3, 5, 4, 'final', 0)
 
 package_dir = path.abspath(path.dirname(__file__))