diff --git a/ChangeLog b/ChangeLog
index 888ed1737..44e9b7c17 100644
--- a/ChangeLog
+++ b/ChangeLog
@@ -1,3 +1,10 @@
+Version 17.34.0
+---------------
+    * Build parallelism changes (#3569)
+    * Check status field of fetch blob response (#3607)
+    * Subinclude cycle detection (#3615)
+    * Fix for `plz export --notrim` in some cases (#3621)
+
 Version 17.33.0
 ---------------
     * Fix macOS tmpdir cleanup race caused by system daemons creating `~/Library` (#3515)
diff --git a/VERSION b/VERSION
index 1d6c72b5c..5b5f5612b 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-17.33.0
+17.34.0-beta.1