diff --git a/README.md b/README.md
index f6ed1a2..cd6a702 100644
--- a/README.md
+++ b/README.md
@@ -2,8 +2,8 @@
 **Contributors:** getpantheon, danielbachhuber, mboynes, Outlandish Josh  
 **Tags:** cache, plugin  
 **Requires at least:** 3.0.1  
-**Tested up to:** 4.5  
-**Stable tag:** 0.4.0  
+**Tested up to:** 4.5.1  
+**Stable tag:** 0.5.0  
 **License:** GPLv2 or later  
 **License URI:** http://www.gnu.org/licenses/gpl-2.0.html  
 
diff --git a/readme.txt b/readme.txt
index a49e120..a57f4bd 100644
--- a/readme.txt
+++ b/readme.txt
@@ -2,8 +2,8 @@
 Contributors: getpantheon, danielbachhuber, mboynes, Outlandish Josh
 Tags: cache, plugin
 Requires at least: 3.0.1
-Tested up to: 4.5
-Stable tag: 0.4.0
+Tested up to: 4.5.1
+Stable tag: 0.5.0
 License: GPLv2 or later
 License URI: http://www.gnu.org/licenses/gpl-2.0.html
 
diff --git a/wp-redis.php b/wp-redis.php
index ab0209d..c73bdae 100644
--- a/wp-redis.php
+++ b/wp-redis.php
@@ -3,7 +3,7 @@
  * Plugin Name: WP Redis
  * Plugin URI: http://github.com/pantheon-systems/wp-redis/
  * Description: WordPress Object Cache using Redis. Requires the PhpRedis extension (https://github.com/phpredis/phpredis).
- * Version: 0.4.0
+ * Version: 0.5.0
  * Author: Pantheon, Josh Koenig, Matthew Boynes, Daniel Bachhuber Alley Interactive
  * Author URI: https://pantheon.io/
  */