diff --git a/NEWS b/NEWS
index 12b84bfe..67f27024 100644
--- a/NEWS
+++ b/NEWS
@@ -1,3 +1,10 @@
+Overview of changes in Sysprof 3.40.1
+=====================================
+
+ * Fix build system issue which caused symbols from libsysprof-capture.a to leak
+   into the ABI of libraries consuming it. This was due to inheritance of GNU
+   default symbol visibility. A recompilation of those libraries is necessary.
+
 Overview of changes in Sysprof 3.40.0
 =====================================
 
diff --git a/meson.build b/meson.build
index 834ded8b..6e41bb0b 100644
--- a/meson.build
+++ b/meson.build
@@ -1,6 +1,6 @@
 project('sysprof', 'c',
           license: ['GPL3+', 'GPL2+'],
-          version: '3.40.0',
+          version: '3.40.1',
     meson_version: '>=0.51.0',
   default_options: [ 'c_std=gnu11',
                      'cpp_std=c++11',