diff --git a/Makefile b/Makefile
index d043c7a..8a9ebfd 100644
--- a/Makefile
+++ b/Makefile
@@ -1,4 +1,4 @@
-VERSION=0.4.0
+VERSION=0.5.0
 
 
 help:
diff --git a/leadbutt.py b/leadbutt.py
index e40eafb..9517999 100644
--- a/leadbutt.py
+++ b/leadbutt.py
@@ -29,7 +29,7 @@
 else:
     text_type = unicode
 
-__version__ = '0.4.0'
+__version__ = '0.5.0'
 
 
 # configuration
diff --git a/plumbum.py b/plumbum.py
index 410689f..33e24a1 100644
--- a/plumbum.py
+++ b/plumbum.py
@@ -40,7 +40,7 @@
 import jinja2
 
 
-__version__ = '0.4.0'
+__version__ = '0.5.0'
 
 # DEFAULT_NAMESPACE = 'ec2'  # TODO
 DEFAULT_REGION = 'us-east-1'
diff --git a/setup.py b/setup.py
index 858b2cd..2895817 100644
--- a/setup.py
+++ b/setup.py
@@ -4,7 +4,7 @@
 setup(
     name='cloudwatch-to-graphite',
     description='Helper for pushing AWS CloudWatch metrics to Graphite',
-    version='0.4.0',
+    version='0.5.0',
     author='Chris Chang',
     author_email='c@crccheck.com',
     url='https://github.com/crccheck/cloudwatch-to-graphite',