diff --git a/CHANGELOG.md b/CHANGELOG.md
index 345cfea7a79..c7880514ba2 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,6 +1,16 @@
 Change Log
 ===
 
+v3.5.0-dev.1
+---
+* [new-rule-option] "ignore-pattern" option for `no-unused-variable` rule (#314)
+* [bugfix] Fix occassional crash in `no-string-literal` rule (#906)
+* [enhancement] Tweak behavior of `member-ordering` rule with regards to arrow function types in interfaces (#226)
+
+Thanks to our contributors!
+@arusakov
+@Pajn
+
 v3.4.0
 ---
 * Stable release containing changes from the last two dev releases
diff --git a/package.json b/package.json
index cb46780b813..a2923f83e2e 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "tslint",
-  "version": "3.4.0-dev.2",
+  "version": "3.5.0-dev.1",
   "description": "a static analysis linter for TypeScript",
   "bin": {
     "tslint": "./bin/tslint"
diff --git a/src/tslint.ts b/src/tslint.ts
index 822840d3043..d490da6feaf 100644
--- a/src/tslint.ts
+++ b/src/tslint.ts
@@ -25,7 +25,7 @@ import {ILinterOptions, LintResult} from "./lint";
 import {loadRules} from "./ruleLoader";
 
 class Linter {
-    public static VERSION = "3.4.0-dev.2";
+    public static VERSION = "3.5.0-dev.1";
     public static findConfiguration = config;
 
     private fileName: string;