diff --git a/NEWS.rst b/NEWS.rst
index 16a35cd..1a44e3e 100644
--- a/NEWS.rst
+++ b/NEWS.rst
@@ -1,3 +1,15 @@
+python-bond 0.5
+---------------
+
+* Python 3 support has been added, with the ability to mix major Python
+  versions between the host and the bond.
+* All languages/interpreters can now be executed with a remote shell without
+  using additional arguments.
+* On the remote side, ``__PY_BOND_SerializationException`` has been renamed to
+  ``_PY_BOND_SerializationException`` as it can be trapped by the user code.
+* The scope of a PHP code block in an exported, recursive call has been fixed.
+
+
 python-bond 0.4
 ---------------
 
diff --git a/setup.py b/setup.py
index 9f09dde..89c532d 100755
--- a/setup.py
+++ b/setup.py
@@ -1,6 +1,6 @@
 #!/usr/bin/env python
 from setuptools import setup, find_packages
-setup(name='python-bond', version='0.4',
+setup(name='python-bond', version='0.5',
       description='transparent remote/recursive evaluation between Python and other languages',
 
       author="Yuri D'Elia",