diff --git a/README b/README
index 85e80a803..a6325b6ae 100644
--- a/README
+++ b/README
@@ -34,10 +34,10 @@ An offline version in PDF format is also available.
 Kivy ships with a bunch of examples that can be found in the examples/ folder.
 
 
-About 1.0 alpha
+About 1.0 beta
 ---------------
 
-This is alpha, so keep in mind that it might not work as intended at all times.
+This is beta, so keep in mind that it might not work as intended at all times.
 You can post bug reports and feature requests on our Google Project page:
 
   http://code.google.com/p/kivy/issues/list
diff --git a/kivy/__init__.py b/kivy/__init__.py
index 03f124ec7..c2d34295c 100644
--- a/kivy/__init__.py
+++ b/kivy/__init__.py
@@ -29,7 +29,7 @@ __all__ = (
     'kivy_config_fn', 'kivy_usermodules_dir',
 )
 
-__version__ = '1.0.4-dev'
+__version__ = '1.0.4-beta'
 
 import sys
 from shutil import copytree