diff --git a/src/node/README.md b/src/node/README.md
index 5b3de6b4f6e..b1d2310ede0 100644
--- a/src/node/README.md
+++ b/src/node/README.md
@@ -10,9 +10,9 @@ This requires `node` to be installed. If you instead have the `nodejs` executabl
 
 ## Installation
 
-First, clone this repository (NPM package coming soon). Then follow the instructions in the `INSTALL` file in the root of the repository to install the C core library that this package depends on.
-
-Then, simply run `npm install` in or referencing this directory.
+ 1. Clone [the grpc repository](https://github.com/grpc/grpc).
+ 2. Follow the instructions in the `INSTALL` file in the root of that repository to install the C core library that this package depends on.
+ 3. Run `npm install`.
 
 ## Tests
 
diff --git a/src/node/package.json b/src/node/package.json
index f8c3ab079d9..29cbab97bf5 100644
--- a/src/node/package.json
+++ b/src/node/package.json
@@ -1,6 +1,6 @@
 {
   "name": "grpc",
-  "version": "0.5.3",
+  "version": "0.5.4",
   "author": "Google Inc.",
   "description": "gRPC Library for Node",
   "homepage": "http://www.grpc.io/",