diff --git a/Gemfile.lock b/Gemfile.lock
index 2330e4e..0d795da 100644
--- a/Gemfile.lock
+++ b/Gemfile.lock
@@ -1,7 +1,7 @@
 PATH
   remote: .
   specs:
-    factory_girl (3.4.1)
+    factory_girl (3.4.2)
       activesupport (>= 3.0.0)
 
 GEM
diff --git a/NEWS b/NEWS
index 3508bbf..4474b76 100644
--- a/NEWS
+++ b/NEWS
@@ -1,3 +1,7 @@
+3.4.2 (June 12, 2012)
+  Fix bug in traits with callbacks called implicitly in factories whose
+    callbacks trigger multiple times
+
 3.4.1 (June 18, 2012)
   Fix traits so they can be nested and referred to from other traits
 
diff --git a/gemfiles/3.0.gemfile.lock b/gemfiles/3.0.gemfile.lock
index 96c3a14..c8bcd54 100644
--- a/gemfiles/3.0.gemfile.lock
+++ b/gemfiles/3.0.gemfile.lock
@@ -1,7 +1,7 @@
 PATH
   remote: /Users/joshuaclayton/dev/gems/factory_girl
   specs:
-    factory_girl (3.4.1)
+    factory_girl (3.4.2)
       activesupport (>= 3.0.0)
 
 GEM
diff --git a/gemfiles/3.1.gemfile.lock b/gemfiles/3.1.gemfile.lock
index 60685bc..cb67fce 100644
--- a/gemfiles/3.1.gemfile.lock
+++ b/gemfiles/3.1.gemfile.lock
@@ -1,7 +1,7 @@
 PATH
   remote: /Users/joshuaclayton/dev/gems/factory_girl
   specs:
-    factory_girl (3.4.1)
+    factory_girl (3.4.2)
       activesupport (>= 3.0.0)
 
 GEM
diff --git a/gemfiles/3.2.gemfile.lock b/gemfiles/3.2.gemfile.lock
index e9005b7..1f6045e 100644
--- a/gemfiles/3.2.gemfile.lock
+++ b/gemfiles/3.2.gemfile.lock
@@ -1,7 +1,7 @@
 PATH
   remote: /Users/joshuaclayton/dev/gems/factory_girl
   specs:
-    factory_girl (3.4.1)
+    factory_girl (3.4.2)
       activesupport (>= 3.0.0)
 
 GEM
diff --git a/lib/factory_girl/version.rb b/lib/factory_girl/version.rb
index 7ad111b..b4fd2e7 100644
--- a/lib/factory_girl/version.rb
+++ b/lib/factory_girl/version.rb
@@ -1,3 +1,3 @@
 module FactoryGirl
-  VERSION = '3.4.1'
+  VERSION = '3.4.2'
 end