2 files changed, 2 insertions, 2 deletions
diff --git a/synapse/__init__.py b/synapse/__init__.py
index 23ae5f003f..14564e735e 100644
--- a/synapse/__init__.py
+++ b/synapse/__init__.py
@@ -16,4 +16,4 @@
 """ This is a reference implementation of a synapse home server.
 """
 
-__version__ = "0.4.2"
+__version__ = "0.5.0"
diff --git a/synapse/storage/__init__.py b/synapse/storage/__init__.py
index c36d938d96..330d3b793f 100644
--- a/synapse/storage/__init__.py
+++ b/synapse/storage/__init__.py
@@ -67,7 +67,7 @@ SCHEMAS = [
 
 # Remember to update this number every time an incompatible change is made to
 # database schema files, so the users will be informed on server restarts.
-SCHEMA_VERSION = 6
+SCHEMA_VERSION = 7
 
 
 class _RollbackButIsFineException(Exception):