diff --git a/python-smart-open.changes b/python-smart-open.changes
index 82f5f5d..ff1b37a 100644
--- a/python-smart-open.changes
+++ b/python-smart-open.changes
@@ -1,3 +1,14 @@
+-------------------------------------------------------------------
+Thu May  2 22:17:52 UTC 2024 - Dirk Müller <dmueller@suse.com>
+
+- update to 7.0.4:
+  * Fix wb mode with zstd compression (PR #815, @djudd)
+  * Remove GCS bucket.exists call to avoid storage.buckets.get
+    permission (PR #813, @ddelange)
+  * add support for zst writing (PR #812, @mpenkov)
+  * roll back PR #812, restore compatibility with built-in open
+    function (@mpenkov)
+
 -------------------------------------------------------------------
 Thu Mar 21 17:19:48 UTC 2024 - Dirk Müller <dmueller@suse.com>
 
diff --git a/python-smart-open.spec b/python-smart-open.spec
index c23c26c..3d5b285 100644
--- a/python-smart-open.spec
+++ b/python-smart-open.spec
@@ -17,7 +17,7 @@
 
 
 Name:           python-smart-open
-Version:        7.0.2
+Version:        7.0.4
 Release:        0
 Summary:        Python utils for streaming large files
 License:        MIT
diff --git a/smart_open-7.0.2.tar.gz b/smart_open-7.0.2.tar.gz
deleted file mode 100644
index 99e636c..0000000
--- a/smart_open-7.0.2.tar.gz
+++ /dev/null
@@ -1,3 +0,0 @@
-version https://git-lfs.github.com/spec/v1
-oid sha256:7da644c6be64b0ef4f8df29b11f435966442a595f1440f1c92fb9de3ef1e35e8
-size 139445
diff --git a/smart_open-7.0.4.tar.gz b/smart_open-7.0.4.tar.gz
new file mode 100644
index 0000000..3172761
--- /dev/null
+++ b/smart_open-7.0.4.tar.gz
@@ -0,0 +1,3 @@
+version https://git-lfs.github.com/spec/v1
+oid sha256:85a57d2099ef3d5050e52ee1f054e5c2c6fe169a4719d3a873d9a0de39a80a87
+size 139681