diff --git a/.gitignore b/.gitignore
index e0cc5ec..f11105e 100644
--- a/.gitignore
+++ b/.gitignore
@@ -1 +1,2 @@
 /nbxmpp-0.4.tar.gz
+/nbxmpp-0.5.tar.gz
diff --git a/python-nbxmpp.spec b/python-nbxmpp.spec
index 684859b..ecf2733 100644
--- a/python-nbxmpp.spec
+++ b/python-nbxmpp.spec
@@ -1,7 +1,7 @@
 %global modname nbxmpp
 Name:           python-%{modname}
-Version:        0.4
-Release:        2%{?dist}
+Version:        0.5
+Release:        1%{?dist}
 Summary:        Python library for non-blocking use of Jabber/XMPP
 License:        GPLv3
 URL:            https://python-nbxmpp.gajim.org/
@@ -54,6 +54,9 @@ find doc/ -type f -perm /111 -exec chmod -x {} +
 %doc COPYING doc/*
 
 %changelog
+* Mon Aug 11 2014 Michal Schmidt <mschmidt@redhat.com> - 0.5-1
+- New upstream release.
+
 * Sat Jun 07 2014 Fedora Release Engineering <rel-eng@lists.fedoraproject.org> - 0.4-2
 - Rebuilt for https://fedoraproject.org/wiki/Fedora_21_Mass_Rebuild
 
diff --git a/sources b/sources
index f483560..dfcfbb4 100644
--- a/sources
+++ b/sources
@@ -1 +1 @@
-3187c248d75d728cb4ef98f06bf05b5b  nbxmpp-0.4.tar.gz
+1f6d315b610243e602784f784c5fd1f3  nbxmpp-0.5.tar.gz