diff --git a/setup.py b/setup.py
index bdba1f7..4f7554d 100644
--- a/setup.py
+++ b/setup.py
@@ -10,7 +10,7 @@
 from distutils.core import setup
 
 setup (name = 'python-augeas',
-       version = '0.4.1',
+       version = '0.5.0',
        author      = "Harald Hoyer",
        author_email = "augeas-devel@redhat.com",
        description = """Python bindings for Augeas""",