diff --git a/ResInsightVersion.cmake b/ResInsightVersion.cmake
index dbf2b03832..1e4c38f616 100644
--- a/ResInsightVersion.cmake
+++ b/ResInsightVersion.cmake
@@ -1,10 +1,10 @@
 
 set(RESINSIGHT_MAJOR_VERSION 2020)
 set(RESINSIGHT_MINOR_VERSION 04)
-set(RESINSIGHT_PATCH_VERSION 0)
+set(RESINSIGHT_PATCH_VERSION 1)
 
 # Opional text with no restrictions
-#set(RESINSIGHT_VERSION_TEXT "-RC01")
+set(RESINSIGHT_VERSION_TEXT "-RC01")
 
 # Optional text
 # Must be unique and increasing within one combination of major/minor/patch version