diff --git a/CHANGES b/CHANGES
index 44865a5..b1c9f55 100644
--- a/CHANGES
+++ b/CHANGES
@@ -1,3 +1,8 @@
+Version 0.5:
+- applied patch 2777035: Fixed setrec method in alsaaudio.c
+  This included a mixertest with more features
+- fixed/applied patch 2594366: alsapcm_setup does not do any error checking
+
 Version 0.4:
 - API changes: mixers() and Mixer() now take a card index instead of a 
   card name as optional parameter.
diff --git a/setup.py b/setup.py
index b017ea2..1b5b0b9 100755
--- a/setup.py
+++ b/setup.py
@@ -18,7 +18,7 @@ if version < '2.2.3':
     
 setup(
     name = 'pyalsaaudio',
-    version = '0.4',
+    version = '0.5',
     description = 'ALSA bindings',
     long_description = __doc__,
     author = 'Casper Wilstrup',