diff --git a/.github/CHANGELOG.md b/.github/CHANGELOG.md
index 20d849d2..908dd819 100644
--- a/.github/CHANGELOG.md
+++ b/.github/CHANGELOG.md
@@ -1,6 +1,10 @@
 # Change Log
 All notable changes to this project will be documented in this file.
 
+## [v1.0.4] - 2021-10-04
+995b81b controller flags for ignoreDrainFailures and drainTimeout (#307)
+
+
 ## [v1.0.3] - 2021-09-03
 6252725 revert #300 (#305)
 df08ab0 Set Instances to StandBy in batches (#303)
diff --git a/Makefile b/Makefile
index 843a23ed..643368d9 100644
--- a/Makefile
+++ b/Makefile
@@ -1,4 +1,4 @@
-VERSION=1.0.3
+VERSION=1.0.4
 # Image URL to use all building/pushing image targets
 IMG ?= controller:latest
 # Produce CRDs that work back to Kubernetes 1.11 (no version conversion)
diff --git a/config/default/manager_image_patch.yaml b/config/default/manager_image_patch.yaml
index 7dc33693..a77c96af 100644
--- a/config/default/manager_image_patch.yaml
+++ b/config/default/manager_image_patch.yaml
@@ -8,5 +8,5 @@ spec:
     spec:
       containers:
       # Change the value of image field below to your controller image URL
-      - image: keikoproj/rolling-upgrade-controller:1.0.3
+      - image: keikoproj/rolling-upgrade-controller:1.0.4
         name: manager