diff --git a/CHANGELOG.md b/CHANGELOG.md
index 998c98dc1a..db51f2e1cf 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -4,10 +4,11 @@ All notable changes to this project will be documented in this file.
 
 The format is based on [Keep a Changelog](https://keepachangelog.com/en/1.0.0/).
 
-## [v0.4.0rc2] - 2023-02-10
+## [v0.4.0] - 2023-03-01
 
 ### Added
 
+- Add Dobot notebook (<https://github.com/openvinotoolkit/anomalib/pull/928>)
 - Add ShanghaiTech Campus video anomaly detection dataset (<https://github.com/openvinotoolkit/anomalib/pull/869>)
 - Add `pyupgrade` to `pre-commit` configs, and refactor based on `pyupgrade` and `refurb` (<https://github.com/openvinotoolkit/anomalib/pull/845>)
 - Add [CFA](https://arxiv.org/abs/2206.04325) model implementation (<https://github.com/openvinotoolkit/anomalib/pull/783>)
@@ -29,6 +30,7 @@ The format is based on [Keep a Changelog](https://keepachangelog.com/en/1.0.0/).
 
 ### Changed
 
+- Bump OpenVINO version to `2022.3.0` (<https://github.com/openvinotoolkit/anomalib/pull/932>)
 - Remove the dependecy on a specific `torchvision` and `torchmetrics` packages.
 - Bump PyTorch Lightning version to v.1.9.\* (<https://github.com/openvinotoolkit/anomalib/pull/870>)
 - Make input image normalization and center cropping configurable from config (https://github.com/openvinotoolkit/anomalib/pull/822)
@@ -53,6 +55,7 @@ The format is based on [Keep a Changelog](https://keepachangelog.com/en/1.0.0/).
 
 ### Fixed
 
+- Fix bug in `anomalib/data/utils/image.py` to check if the path is directory (<https://github.com/openvinotoolkit/anomalib/pull/919>)
 - Fix bug in MVTec dataset download (<https://github.com/openvinotoolkit/anomalib/pull/842>)
 - Add early stopping to CS-Flow model (<https://github.com/openvinotoolkit/anomalib/pull/817>)
 - Fix remote container by removing version pinning in Docker files (<https://github.com/openvinotoolkit/anomalib/pull/797>)
diff --git a/anomalib/__init__.py b/anomalib/__init__.py
index 3d89d45619..320b46c190 100644
--- a/anomalib/__init__.py
+++ b/anomalib/__init__.py
@@ -3,4 +3,4 @@
 # Copyright (C) 2022 Intel Corporation
 # SPDX-License-Identifier: Apache-2.0
 
-__version__ = "0.4.0dev"
+__version__ = "0.4.0"