diff --git a/CHANGELOG.md b/CHANGELOG.md
index 99a17ff..8a0f7ab 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -4,6 +4,19 @@ All notable changes to **adn-server** are documented here.
 
 <!-- version list -->
 
+## v2.0.4 (2026-06-21)
+
+### Bug Fixes
+
+- Cross-slot downlink and REPEAT monitor activity
+  ([`f561b26`](https://github.com/ce5rpy/ADN-DMR-Peer-Server/commit/f561b2685c53b8625b87ce73d599c0276fba8fa1))
+
+### Chores
+
+- **ci**: Sync develop via merge after release
+  ([`e05dc00`](https://github.com/ce5rpy/ADN-DMR-Peer-Server/commit/e05dc003185b49522d0838ed33c8074303f3600c))
+
+
 ## v2.0.3 (2026-06-21)
 
 ### Bug Fixes
diff --git a/README.md b/README.md
index a28bb3e..0514606 100644
--- a/README.md
+++ b/README.md
@@ -1,6 +1,6 @@
 # ADN DMR Peer Server
 
-**Version 2.0.3** — pairs with **adn-monitor 2.0.0** (report v2 slim wire + JSON HELLO).
+**Version 2.0.4** — pairs with **adn-monitor 2.0.0** (report v2 slim wire + JSON HELLO).
 
 ADN DMR conference bridge server. Configuration is YAML; the codebase follows clean architecture (domain, application, infrastructure). v2 adds integrated **PROXY**, **SubscriptionStore** routing, report v2 to the monitor, and a unified **`adn-server.py`** entrypoint (`--echo`, `--doctor`, `--no-proxy`). See [CHANGELOG.md](CHANGELOG.md).
 
diff --git a/pyproject.toml b/pyproject.toml
index 82fc45d..4ff4a46 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -8,7 +8,7 @@ build-backend = "setuptools.build_meta"
 
 [project]
 name = "adn-server"
-version = "2.0.3"
+version = "2.0.4"
 description = "ADN DMR Peer Server"
 readme = "README.md"
 license = { text = "GPL-3.0-or-later" }