diff --git a/chart/jenkins-operator/Chart.yaml b/chart/jenkins-operator/Chart.yaml
index 66132d13..c48b06db 100644
--- a/chart/jenkins-operator/Chart.yaml
+++ b/chart/jenkins-operator/Chart.yaml
@@ -1,6 +1,6 @@
 apiVersion: v1
-appVersion: "0.3.3"
+appVersion: "0.4.0"
 description: Kubernetes native operator which fully manages Jenkins on Kubernetes
 name: jenkins-operator
-version: 0.1.0
+version: 0.1.1
 icon: https://raw.githubusercontent.com/jenkinsci/kubernetes-operator/master/assets/jenkins-operator-icon.png
diff --git a/chart/jenkins-operator/values.yaml b/chart/jenkins-operator/values.yaml
index 89864660..f86d49b7 100644
--- a/chart/jenkins-operator/values.yaml
+++ b/chart/jenkins-operator/values.yaml
@@ -196,7 +196,7 @@ operator:
   replicaCount: 1
 
   # image is the name (and tag) of the Jenkins Operator image
-  image: virtuslab/jenkins-operator:v0.3.3
+  image: virtuslab/jenkins-operator:v0.4.0
 
   # imagePullPolicy defines policy for pulling images
   imagePullPolicy: IfNotPresent