diff --git a/CMakeLists.txt b/CMakeLists.txt
index f6b216a..9bcea94 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -1,6 +1,6 @@
 cmake_minimum_required(VERSION 2.8)
 
-set( GRIVE_VERSION "0.0.5-pre" )
+set( GRIVE_VERSION "0.0.5" )
 
 add_subdirectory( libgrive )
 add_subdirectory( grive )
diff --git a/README b/README
index d0c1aa0..20b8405 100644
--- a/README
+++ b/README
@@ -1,4 +1,4 @@
-Grive 0.0.4 
+Grive 0.0.5
 
 Grive is still considered experimental. It just download all the files in your google drive
 in the current directory. After you make some changes to the local files, run grive and