diff --git a/configure.ac b/configure.ac
index c305d63..53c709e 100644
--- a/configure.ac
+++ b/configure.ac
@@ -29,9 +29,9 @@
 # - micro version is libva_micro_version
 # - pre version is libva_pre_version, usually development version
 m4_define([libva_utils_major_version], [2])
-m4_define([libva_utils_minor_version], [4])
+m4_define([libva_utils_minor_version], [5])
 m4_define([libva_utils_micro_version], [0])
-m4_define([libva_utils_pre_version],   [1])
+m4_define([libva_utils_pre_version],   [0])
 
 m4_define([libva_utils_version],
           [libva_utils_major_version.libva_utils_minor_version.libva_utils_micro_version])
diff --git a/meson.build b/meson.build
index 699dcb2..5d45cad 100644
--- a/meson.build
+++ b/meson.build
@@ -1,5 +1,5 @@
 project('libva-utils', 'c', 'cpp',
-        version : '2.4.0.1',
+        version : '2.5.0',
         default_options : [
           'warning_level=2',
           'c_std=gnu99',