diff --git a/doc/release_notes/rake-0.9.5.rdoc b/doc/release_notes/rake-0.9.5.rdoc
new file mode 100644
index 000000000..88e2d7cf3
--- /dev/null
+++ b/doc/release_notes/rake-0.9.5.rdoc
@@ -0,0 +1,114 @@
+= Rake 0.9.5 Released
+
+Rake version 0.9.5 contains a number of bug fixes.
+
+== Changes
+
+=== New Features (in 0.9.3)
+
+* Multitask tasks now use a thread pool. Use -j to limit the number of
+  available threads.
+
+* Use -m to turn regular tasks into multitasks (use at your own risk).
+
+* You can now do "Rake.add_rakelib 'dir'" in your Rakefile to
+  programatically add rake task libraries.
+
+* You can specific backtrace suppression patterns (see
+  --supress-backtrace)
+
+* Directory tasks can now take prerequisites and actions
+
+* Use --backtrace to request a full backtrace without the task trace.
+
+* You can say "--backtrace=stdout" and "--trace=stdout" to route trace
+  output to standard output rather than standard error.
+
+* Optional 'phony' target (enable with 'require 'rake/phony'") for
+  special purpose builds.
+
+* Task#clear now clears task comments as well as actions and
+  prerequisites. Task#clear_comment will specifically target comments.
+
+* The --all option will force -T and -D to consider all the tasks,
+  with and without descriptions.
+
+=== Bug Fixes (0.9.3)
+
+* Semi-colons in windows rakefile paths now work.
+
+* Improved Control-C support when invoking multiple test suites.
+
+* egrep method now reads files in text mode (better support for
+  Windows)
+
+* Better deprecation line number reporting.
+
+* The -W option now works with all tasks, whether they have a
+  description or not.
+
+* File globs in rake should not be sorted alphabetically, independent
+  of file system and platform.
+
+* Numerous internal improvements.
+
+* Documentation typos and fixes.
+
+=== Bug Fixes (0.9.4)
+
+* Exit status with failing tests is not correctly set to non-zero.
+
+* Simplified syntax for phony task (for older versions of RDoc).
+
+* Stand alone FileList usage gets glob function (without loading in
+  extra dependencies)
+
+=== Bug Fixes (0.9.5)
+
+* --trace and --backtrace no longer swallow following task names.
+
+== What is Rake
+
+Rake is a build tool similar to the make program in many ways. But
+instead of cryptic make recipes, Rake uses standard Ruby code to
+declare tasks and dependencies. You have the full power of a modern
+scripting language built right into your build tool.
+
+== Availability
+
+The easiest way to get and install rake is via RubyGems ...
+
+  gem install rake    (you may need root/admin privileges)
+
+Otherwise, you can get it from the more traditional places:
+
+Home Page:: http://github.com/jimweirich/rake
+Download::  http://rubyforge.org/project/showfiles.php?group_id=50
+GitHub::    git://github.com/jimweirich/rake.git
+
+== Thanks
+
+As usual, it was input from users that drove a alot of these changes. The
+following people either contributed patches, made suggestions or made
+otherwise helpful comments.  Thanks to ...
+
+* Aaron Patterson
+* Dylan Smith
+* Jo Liss
+* Jonas Pfenniger
+* Kazuki Tsujimoto
+* Michael Bishop
+* Michael Elufimov
+* NAKAMURA Usaku
+* Ryan Davis
+* Sam Grönblom
+* Sam Phippen
+* Sergio Wong
+* Tay Ray Chuan
+* grosser
+* quix
+
+Also, many thanks to Eric Hodel for assisting with getting this release
+out the door.
+
+-- Jim Weirich
diff --git a/lib/rake/version.rb b/lib/rake/version.rb
index 4379fc96a..f5ac3faf4 100644
--- a/lib/rake/version.rb
+++ b/lib/rake/version.rb
@@ -3,7 +3,7 @@ module Version # :nodoc: all
     NUMBERS = [
       MAJOR = 0,
       MINOR = 9,
-      BUILD = 4,
+      BUILD = 5,
     ]
   end
   VERSION = Version::NUMBERS.join('.')