diff --git a/setup.py b/setup.py
index e7587aa1..14ecaaeb 100644
--- a/setup.py
+++ b/setup.py
@@ -15,7 +15,7 @@
               extra_compile_args=['-msse4.2']),
 ]
 
-version = '0.4.2'
+version = '0.5.0'
 req = [
     'pymesos>=0.2.10',
     'pyzmq',