diff --git a/version.h b/version.h
index eefa819f31b..ff44beab4fe 100644
--- a/version.h
+++ b/version.h
@@ -2,7 +2,7 @@
 #define _VERSION_H_
 
 #define CODENAME "Purple"
-#define VERSION "0.4.0"
-#define I2P_VERSION "0.9.16"
+#define VERSION "0.5.0"
+#define I2P_VERSION "0.9.17"
 
 #endif