diff --git a/CMakeLists.txt b/CMakeLists.txt
index 50345d7..4c8a4d3 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -1,5 +1,5 @@
 cmake_minimum_required(VERSION 3.5)
-project(foonathan_memory_vendor VERSION "0.4.0")
+project(foonathan_memory_vendor VERSION "0.5.0")
 
 find_package(foonathan_memory QUIET)
 
diff --git a/package.xml b/package.xml
index 7ecfabf..99245bf 100644
--- a/package.xml
+++ b/package.xml
@@ -4,7 +4,7 @@
   schematypens="http://www.w3.org/2001/XMLSchema"?>
 <package format="3">
   <name>foonathan_memory_vendor</name>
-  <version>0.4.0</version>
+  <version>0.5.0</version>
   <description>Foonathan/memory vendor package for Fast-RTPS.</description>
   <maintainer email="miguelcompany@eprosima.com">Miguel Company</maintainer>
   <maintainer email="steven@openrobotics.org">Steven! Ragnarök</maintainer>