diff --git a/.bumpversion.cfg b/.bumpversion.cfg
index 5e0d7fd7a6..547dc886cd 100644
--- a/.bumpversion.cfg
+++ b/.bumpversion.cfg
@@ -1,5 +1,5 @@
 [bumpversion]
-current_version = 49.3.2
+current_version = 49.4.0
 commit = True
 tag = True
 
diff --git a/CHANGES.rst b/CHANGES.rst
index 0d2c96c39b..ac07145956 100644
--- a/CHANGES.rst
+++ b/CHANGES.rst
@@ -1,3 +1,9 @@
+v49.4.0
+-------
+
+* #2310: Updated vendored packaging version to 20.4.
+
+
 v49.3.2
 -------
 
diff --git a/changelog.d/2310.change.rst b/changelog.d/2310.change.rst
deleted file mode 100644
index a7f1cc5326..0000000000
--- a/changelog.d/2310.change.rst
+++ /dev/null
@@ -1 +0,0 @@
-Updated vendored packaging version to 20.4.
diff --git a/setup.cfg b/setup.cfg
index 5d4a084cdf..76d99d44d7 100644
--- a/setup.cfg
+++ b/setup.cfg
@@ -16,7 +16,7 @@ formats = zip
 
 [metadata]
 name = setuptools
-version = 49.3.2
+version = 49.4.0
 description = Easily download, build, install, upgrade, and uninstall Python packages
 author = Python Packaging Authority
 author_email = distutils-sig@python.org