diff --git a/package.json b/package.json
index 08ac8ba76..a03ed41f9 100644
--- a/package.json
+++ b/package.json
@@ -1,7 +1,7 @@
 {
   "name": "slate",
   "description": "A completely customizable framework for building rich text editors.",
-  "version": "0.4.1",
+  "version": "0.5.0",
   "license": "MIT",
   "repository": "git://github.com/ianstormtaylor/slate.git",
   "main": "./dist/index.js",