diff --git a/CMakeLists.txt b/CMakeLists.txt
index 7938a41b0860ece78be6feac3ec4360949c32001..fec8b3b58e693ee461e508d80adeb182e3188e07 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -16,9 +16,9 @@ find_package(GaudiProject)
 #---------------------------------------------------------------
 
 # Declare project name and version
-gaudi_project(DaVinci v50r3
-              USE Analysis v30r3
-                  Stripping v11r9
+gaudi_project(DaVinci v50r4
+              USE Analysis v30r4
+                  Stripping v11r10
               DATA AppConfig VERSION v3r*
                    FieldMap VERSION v5r*
                    ParamFiles VERSION v8r*
diff --git a/ReleaseNotes/v50r4.md b/ReleaseNotes/v50r4.md
new file mode 100644
index 0000000000000000000000000000000000000000..14a47e8d6f1eaa64bd04a56f12ac9b213147f58c
--- /dev/null
+++ b/ReleaseNotes/v50r4.md
@@ -0,0 +1,20 @@
+2019-05-22 DaVinci v50r4
+========================
+
+Development release prepared on the master branch.
+
+It is based on Gaudi v32r0, LHCb v50r4, Lbcom v30r4, Rec v30r4, Phys v30r4, Analysis v30r4 and Stripping v11r10.
+It uses LCG_95 with ROOT 6.16.00.
+
+- Bring DaVinciTests/tests/qmtest/commonparticles.qms tests in sync
+  - See merge request lhcb/DaVinci!319
+- Remove obsolete file
+  - See merge request lhcb/DaVinci!318
+- Clean-up of ever-lasting failing test
+  - See merge request lhcb/DaVinci!316
+- Remove ever-lasting FSR-related tests
+  - See merge request lhcb/DaVinci!317
+- Update of a couple of CommonParticles tests
+  - See merge request lhcb/DaVinci!312
+- Update of tests to follow printout changes upstream
+  - See merge request lhcb/DaVinci!311