diff --git a/Makefile b/Makefile
index 08ff538..0b86397 100644
--- a/Makefile
+++ b/Makefile
@@ -23,7 +23,7 @@ BUILD_DIR   := $(CURDIR)/build
 # the package version from there directly. The C code picks up VERSION
 # via the generated src/version.h (written by the version-header target
 # below and depended on by the module build).
-VERSION     := 0.4.0
+VERSION     := 0.5.0
 
 NGINX_SRC ?=
 
diff --git a/debian/changelog b/debian/changelog
index 9ee696d..e339d48 100644
--- a/debian/changelog
+++ b/debian/changelog
@@ -1,3 +1,9 @@
+nginx-ipng-stats-plugin (0.5.0-1) unstable; urgency=medium
+
+  * Pre-release v0.5.0.
+
+ -- Pim van Pelt <pim@ipng.ch>  Sat, 18 Apr 2026 14:38:25 +0200
+
 nginx-ipng-stats-plugin (0.4.0-1) unstable; urgency=medium
 
   * Pre-release v0.4.0.