diff --git a/VERSION b/VERSION
index 1d0ba9e..8f0916f 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-0.4.0
+0.5.0
diff --git a/sscep.h b/sscep.h
index 32d86a5..c276884 100644
--- a/sscep.h
+++ b/sscep.h
@@ -65,7 +65,7 @@
 #include <openssl/ssl.h>
 /* Global defines */
 
-#define	VERSION	"0.4"
+#define	VERSION	"0.5"
 
 /* SCEP operations */
 int operation_flag;