diff --git a/build.gradle b/build.gradle
index 500bc90e2..9e2fcf556 100644
--- a/build.gradle
+++ b/build.gradle
@@ -12,7 +12,7 @@ buildscript {
 }
 apply plugin: 'net.minecraftforge.gradle.forge'
 
-version = "0.4"
+version = "0.5"
 group = "refinedstorage"
 archivesBaseName = "refinedstorage"
 
diff --git a/src/main/java/refinedstorage/RefinedStorage.java b/src/main/java/refinedstorage/RefinedStorage.java
index c2c1627f9..3b8857308 100644
--- a/src/main/java/refinedstorage/RefinedStorage.java
+++ b/src/main/java/refinedstorage/RefinedStorage.java
@@ -19,7 +19,7 @@ import refinedstorage.proxy.CommonProxy;
 public final class RefinedStorage
 {
 	public static final String ID = "refinedstorage";
-	public static final String VERSION = "0.4";
+	public static final String VERSION = "0.5";
 
 	public static final SimpleNetworkWrapper NETWORK = NetworkRegistry.INSTANCE.newSimpleChannel(ID);
 
diff --git a/src/main/resources/mcmod.info b/src/main/resources/mcmod.info
index d8e704c71..aa69be624 100644
--- a/src/main/resources/mcmod.info
+++ b/src/main/resources/mcmod.info
@@ -3,7 +3,7 @@
       "modid": "refinedstorage",
       "name": "Refined Storage",
       "description": "A Minecraft mod all about storage.",
-      "version": "0.4",
+      "version": "0.5",
       "mcversion": "1.9",
       "url": "",
       "updateUrl": "",