diff --git a/ChangeLog.md b/ChangeLog.md
index 7dad6c2..30ad34a 100644
--- a/ChangeLog.md
+++ b/ChangeLog.md
@@ -1,4 +1,4 @@
-## [0.4.34](https://github.com/ruby-debug/ruby-debug-ide/compare/v0.4.33...v0.4.34)
+## [0.5.0](https://github.com/ruby-debug/ruby-debug-ide/compare/v0.4.33...v0.5.0)
 
 * catchpointDeleted event added (under --catchpoint-deleted-event flag)
 * --value-as-nested-element to enable just this the extension
diff --git a/lib/ruby-debug-ide/version.rb b/lib/ruby-debug-ide/version.rb
index 6240462..89255ef 100755
--- a/lib/ruby-debug-ide/version.rb
+++ b/lib/ruby-debug-ide/version.rb
@@ -1,3 +1,3 @@
 module Debugger
-  IDE_VERSION='0.4.34'
+  IDE_VERSION='0.5.0'
 end