diff --git a/.gitignore b/.gitignore
index 78de669..128ada9 100644
--- a/.gitignore
+++ b/.gitignore
@@ -1 +1,2 @@
 /jmespath-0.4.1.tar.gz
+/jmespath-0.5.0.tar.gz
diff --git a/python-jmespath.spec b/python-jmespath.spec
index 5e28e11..dc74198 100644
--- a/python-jmespath.spec
+++ b/python-jmespath.spec
@@ -5,8 +5,8 @@
 %endif
 
 Name:           python-jmespath
-Version:        0.4.1
-Release:        2%{?dist}
+Version:        0.5.0
+Release:        1%{?dist}
 Summary:        JSON Matching Expressions
 Group:          System Environment/Libraries
 
@@ -100,6 +100,9 @@ popd
 
 
 %changelog
+* Fri Dec 19 2014 Lubomir Rintel <lkundrak@v3.sk> - 0.5.0-1
+- New version
+
 * Fri Jul 25 2014 Lubomir Rintel <lkundrak@v3.sk> - 0.4.1-2
 - Add Python 3 support
 
diff --git a/sources b/sources
index 2261f8a..37a0715 100644
--- a/sources
+++ b/sources
@@ -1 +1 @@
-a11ae39472672a650dfb55feab7d65eb  jmespath-0.4.1.tar.gz
+55da4a6944a337b95b42207b343e18de  jmespath-0.5.0.tar.gz