diff --git a/lib/redmine.rb b/lib/redmine.rb
index 4787b7fc2..20b30c037 100644
--- a/lib/redmine.rb
+++ b/lib/redmine.rb
@@ -1,8 +1,8 @@
 module Redmine
   module VERSION #:nodoc:
     MAJOR = 0
-    MINOR = 4
-    TINY  = 2
+    MINOR = 5
+    TINY  = 0
 
     STRING= [MAJOR, MINOR, TINY].join('.')