diff --git a/nats/aio/client.py b/nats/aio/client.py
index eb273df8..0886a534 100644
--- a/nats/aio/client.py
+++ b/nats/aio/client.py
@@ -10,7 +10,7 @@
 from nats.aio.utils import new_inbox
 from nats.protocol.parser import *
 
-__version__ = '0.4.0'
+__version__ = '0.5.0'
 __lang__ = 'python3'
 
 INFO_OP = b'INFO'
diff --git a/readme.md b/readme.md
index 02e33c2e..dc127931 100644
--- a/readme.md
+++ b/readme.md
@@ -4,7 +4,7 @@ An asyncio-based ([PEP 3156](https://www.python.org/dev/peps/pep-3156/)) Python
 
 [![License MIT](https://img.shields.io/npm/l/express.svg)](http://opensource.org/licenses/MIT)
 [![Build Status](https://travis-ci.org/nats-io/asyncio-nats.svg?branch=master)](http://travis-ci.org/nats-io/asyncio-nats)
-[![GitHub release](https://img.shields.io/badge/release-v0.4.0-cafe12.svg)](https://github.com/nats-io/asyncio-nats/releases/tag/v0.4.0)
+[![GitHub release](https://img.shields.io/badge/release-v0.5.0-cafe12.svg)](https://github.com/nats-io/asyncio-nats/releases/tag/v0.5.0)
 
 ## Supported platforms