diff --git a/CHANGES.drake b/CHANGES.drake
index b78478b7d..667ec40c7 100644
--- a/CHANGES.drake
+++ b/CHANGES.drake
@@ -1,6 +1,10 @@
 
 = Drake Changelog
 
+== Version 0.8.2.1.0.5
+
+* Restored original 'multitask' behavior when -j1 (default)
+
 == Version 0.8.2.1.0.4
 
 * Fix 21922: prereqs were not namespace-qualified
diff --git a/lib/rake.rb b/lib/rake.rb
index 13b9f7390..5bd114dcd 100755
--- a/lib/rake.rb
+++ b/lib/rake.rb
@@ -29,7 +29,7 @@
 # as a library via a require statement, but it can be distributed
 # independently as an application.
 
-RAKEVERSION = '0.8.2.1.0.4'
+RAKEVERSION = '0.8.2.1.0.5'
 
 require 'rbconfig'
 require 'getoptlong'