diff --git a/variables.mk b/variables.mk
index 330bac66e..448556386 100644
--- a/variables.mk
+++ b/variables.mk
@@ -9,7 +9,7 @@ CRD_OPTIONS ?= crd
 
 ### version
 MAJOR            := 1
-MINOR            := 4
+MINOR            := 5
 PATCH            := 0
 PRODUCT_VERSION  ?= ${MAJOR}.${MINOR}.${PATCH}
 BUILD_REL_A      := $(shell git rev-list HEAD |wc -l)