diff --git a/ignite/__init__.py b/ignite/__init__.py
index 14ba733ac0ae..0185adce1238 100644
--- a/ignite/__init__.py
+++ b/ignite/__init__.py
@@ -6,4 +6,4 @@
 import ignite.metrics
 import ignite.utils
 
-__version__ = "0.4.0"
+__version__ = "0.5.0"