diff --git a/Makefile.am b/Makefile.am
index 0449c8b0..999d09cd 100644
--- a/Makefile.am
+++ b/Makefile.am
@@ -14,7 +14,7 @@ EXTRA_DIST = CHANGES README.cares Makefile.inc adig.c ahost.c $(man_MANS) \
  $(MSVCFILES) AUTHORS config-win32.h RELEASE-NOTES libcares.pc.in
 
 
-VER=-version-info 1:0:0
+VER=-version-info 2:0:0
 # This flag accepts an argument of the form current[:revision[:age]]. So,
 # passing -version-info 3:12:1 sets current to 3, revision to 12, and age to
 # 1.
diff --git a/ares_version.h b/ares_version.h
index 52459163..e4d10c38 100644
--- a/ares_version.h
+++ b/ares_version.h
@@ -4,12 +4,12 @@
 #define ARES__VERSION_H
 
 #define ARES_VERSION_MAJOR 1
-#define ARES_VERSION_MINOR 4
-#define ARES_VERSION_PATCH 1
+#define ARES_VERSION_MINOR 5
+#define ARES_VERSION_PATCH 0
 #define ARES_VERSION ((ARES_VERSION_MAJOR<<16)|\
                        (ARES_VERSION_MINOR<<8)|\
                        (ARES_VERSION_PATCH))
-#define ARES_VERSION_STR "1.4.1-CVS"
+#define ARES_VERSION_STR "1.5.0-CVS"
 
 #ifdef  __cplusplus
 extern "C" {