diff --git a/README.markdown b/README.markdown
index 0fcd3df..e90fbd5 100644
--- a/README.markdown
+++ b/README.markdown
@@ -6,13 +6,13 @@ First you'll need to make sure your system has a c++ compiler.  For OSX, XCode w
 
 ### Install script
 
-To install you could use the [install script](https://github.com/creationix/nvm/blob/v0.4.0/install.sh) using cURL:
+To install you could use the [install script](https://github.com/creationix/nvm/blob/v0.5.0/install.sh) using cURL:
 
-    curl https://raw.github.com/creationix/nvm/v0.4.0/install.sh | sh
+    curl https://raw.github.com/creationix/nvm/v0.5.0/install.sh | sh
 
 or Wget:
 
-    wget -qO- https://raw.github.com/creationix/nvm/v0.4.0/install.sh | sh
+    wget -qO- https://raw.github.com/creationix/nvm/v0.5.0/install.sh | sh
 
 <sub>The script clones the nvm repository to `~/.nvm` and adds the source line to your profile (`~/.bash_profile`, `~/.zshrc` or `~/.profile`).</sub>
 
diff --git a/nvm.sh b/nvm.sh
index cc27b23..dbd1711 100644
--- a/nvm.sh
+++ b/nvm.sh
@@ -592,7 +592,7 @@ nvm() {
         nvm_version $2
     ;;
     "--version" )
-        echo "nvm v0.4.0"
+        echo "nvm v0.5.0"
     ;;
     * )
       nvm help
diff --git a/package.json b/package.json
index dd6e5f2..9b94bfc 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "nvm",
-  "version": "0.4.0",
+  "version": "0.5.0",
   "description": "Node Version Manager - Simple bash script to manage multiple active node.js versions",
   "directories": {
     "test": "test"