diff --git a/python-augeas.spec b/python-augeas.spec
index 0457ca0..129b6f8 100644
--- a/python-augeas.spec
+++ b/python-augeas.spec
@@ -6,8 +6,8 @@
 %endif
 
 Name:		python-augeas
-Version:	0.4.1
-Release:	6%{?dist}
+Version:	0.5.0
+Release:	1%{?dist}
 Summary:	Python bindings to augeas
 Group:		Development/Languages
 License:	LGPLv2+
@@ -49,6 +49,9 @@ rm -rf $RPM_BUILD_ROOT
 %endif
 
 %changelog
+* Thu Sep 04 2014 Greg Swift <gregswift@gmail.com> - 0.5.0-1
+- Version 0.5.0 release
+
 * Sat Jun 07 2014 Fedora Release Engineering <rel-eng@lists.fedoraproject.org> - 0.4.1-6
 - Rebuilt for https://fedoraproject.org/wiki/Fedora_21_Mass_Rebuild