diff --git a/include/version.h b/include/version.h
index e4238026c7..f94e4ebed8 100644
--- a/include/version.h
+++ b/include/version.h
@@ -2,7 +2,7 @@
 #include <config.h>
 #define RADIANT_VERSION PACKAGE_VERSION
 #else
-#define RADIANT_VERSION "2.7.0pre4"
+#define RADIANT_VERSION "2.7.0pre5"
 #endif
 
 #define RADIANT_APPNAME "DarkRadiant"
diff --git a/tools/innosetup/darkradiant.iss b/tools/innosetup/darkradiant.iss
index 76d6938b29..e298084fb5 100644
--- a/tools/innosetup/darkradiant.iss
+++ b/tools/innosetup/darkradiant.iss
@@ -1,17 +1,19 @@
 ; Script generated by the Inno Setup Script Wizard.
 ; SEE THE DOCUMENTATION FOR DETAILS ON CREATING INNO SETUP SCRIPT FILES!
 
+#define DarkRadiantVersion "2.7.0pre4"
+
 [Setup]
 AppName=DarkRadiant
-AppVerName=DarkRadiant 2.7.0pre4 x86
+AppVerName=DarkRadiant {#DarkRadiantVersion} x86
 AppPublisher=The Dark Mod
 AppPublisherURL=https://www.darkradiant.net
 AppSupportURL=https://www.darkradiant.net
 AppUpdatesURL=https://www.darkradiant.net
 DefaultDirName={pf}\DarkRadiant
-DefaultGroupName=DarkRadiant 2.7.0pre4 x86
+DefaultGroupName=DarkRadiant {#DarkRadiantVersion} x86
 OutputDir=.
-OutputBaseFilename=darkradiant-2.7.0pre4-x86
+OutputBaseFilename=darkradiant-{#DarkRadiantVersion}-x86
 Compression=lzma
 SolidCompression=yes
 ;ArchitecturesAllowed=x64
@@ -26,9 +28,9 @@ Name: "desktopicon"; Description: "{cm:CreateDesktopIcon}"; GroupDescription: "{
 [Files]
 Source: "..\..\install\darkradiant.exe"; DestDir: "{app}"; Flags: ignoreversion
 Source: "..\..\install\*"; Excludes: "*.pdb,*.exp,*.lib,*.in,*.fbp,*.iobj,*.ipdb"; DestDir: "{app}"; Flags: ignoreversion recursesubdirs createallsubdirs
-Source: "C:\Program Files (x86)\Microsoft Visual Studio\2019\Community\VC\Redist\MSVC\14.23.27820\x86\Microsoft.VC142.CRT\msvcp140.dll"; DestDir: "{app}"; Flags: ignoreversion
-Source: "C:\Program Files (x86)\Microsoft Visual Studio\2019\Community\VC\Redist\MSVC\14.23.27820\x86\Microsoft.VC142.CRT\vcruntime140.dll"; DestDir: "{app}"; Flags: ignoreversion
-Source: "C:\Program Files (x86)\Microsoft Visual Studio\2019\Community\VC\Redist\MSVC\14.23.27820\x86\Microsoft.VC142.CRT\vcruntime140_1.dll"; DestDir: "{app}"; Flags: ignoreversion
+Source: "C:\Program Files (x86)\Microsoft Visual Studio\2019\Community\VC\Redist\MSVC\14.24.28127\x86\Microsoft.VC142.CRT\msvcp140.dll"; DestDir: "{app}"; Flags: ignoreversion
+Source: "C:\Program Files (x86)\Microsoft Visual Studio\2019\Community\VC\Redist\MSVC\14.24.28127\x86\Microsoft.VC142.CRT\vcruntime140.dll"; DestDir: "{app}"; Flags: ignoreversion
+Source: "C:\Program Files (x86)\Microsoft Visual Studio\2019\Community\VC\Redist\MSVC\14.24.28127\x86\Microsoft.VC142.CRT\vcruntime140_1.dll"; DestDir: "{app}"; Flags: ignoreversion
 ; NOTE: Don't use "Flags: ignoreversion" on any shared system files
 
 [Icons]
diff --git a/tools/innosetup/darkradiant.x64.iss b/tools/innosetup/darkradiant.x64.iss
index 1cf0b6c43e..bc83d90cdd 100644
--- a/tools/innosetup/darkradiant.x64.iss
+++ b/tools/innosetup/darkradiant.x64.iss
@@ -1,17 +1,19 @@
 ; Script generated by the Inno Setup Script Wizard.
 ; SEE THE DOCUMENTATION FOR DETAILS ON CREATING INNO SETUP SCRIPT FILES!
 
+#define DarkRadiantVersion "2.7.0pre5"
+
 [Setup]
 AppName=DarkRadiant
-AppVerName=DarkRadiant 2.7.0pre4 x64
+AppVerName=DarkRadiant {#DarkRadiantVersion} x64
 AppPublisher=The Dark Mod
 AppPublisherURL=https://www.darkradiant.net
 AppSupportURL=https://www.darkradiant.net
 AppUpdatesURL=https://www.darkradiant.net
 DefaultDirName={pf}\DarkRadiant
-DefaultGroupName=DarkRadiant 2.7.0pre4 x64
+DefaultGroupName=DarkRadiant {#DarkRadiantVersion} x64
 OutputDir=.
-OutputBaseFilename=darkradiant-2.7.0pre4-x64
+OutputBaseFilename=darkradiant-{#DarkRadiantVersion}-x64
 Compression=lzma
 SolidCompression=yes
 ArchitecturesAllowed=x64
@@ -26,9 +28,9 @@ Name: "desktopicon"; Description: "{cm:CreateDesktopIcon}"; GroupDescription: "{
 [Files]
 Source: "..\..\install\darkradiant.exe"; DestDir: "{app}"; Flags: ignoreversion
 Source: "..\..\install\*"; Excludes: "*.pdb,*.exp,*.lib,*.in,*.fbp,*.iobj,*.ipdb"; DestDir: "{app}"; Flags: ignoreversion recursesubdirs createallsubdirs
-Source: "C:\Program Files (x86)\Microsoft Visual Studio\2019\Community\VC\Redist\MSVC\14.23.27820\x64\Microsoft.VC142.CRT\msvcp140.dll"; DestDir: "{app}"; Flags: ignoreversion
-Source: "C:\Program Files (x86)\Microsoft Visual Studio\2019\Community\VC\Redist\MSVC\14.23.27820\x64\Microsoft.VC142.CRT\vcruntime140.dll"; DestDir: "{app}"; Flags: ignoreversion
-Source: "C:\Program Files (x86)\Microsoft Visual Studio\2019\Community\VC\Redist\MSVC\14.23.27820\x64\Microsoft.VC142.CRT\vcruntime140_1.dll"; DestDir: "{app}"; Flags: ignoreversion
+Source: "C:\Program Files (x86)\Microsoft Visual Studio\2019\Community\VC\Redist\MSVC\14.24.28127\x64\Microsoft.VC142.CRT\msvcp140.dll"; DestDir: "{app}"; Flags: ignoreversion
+Source: "C:\Program Files (x86)\Microsoft Visual Studio\2019\Community\VC\Redist\MSVC\14.24.28127\x64\Microsoft.VC142.CRT\vcruntime140.dll"; DestDir: "{app}"; Flags: ignoreversion
+Source: "C:\Program Files (x86)\Microsoft Visual Studio\2019\Community\VC\Redist\MSVC\14.24.28127\x64\Microsoft.VC142.CRT\vcruntime140_1.dll"; DestDir: "{app}"; Flags: ignoreversion
 ; NOTE: Don't use "Flags: ignoreversion" on any shared system files
 
 [Icons]
diff --git a/tools/scripts/compile_release_package.ps1 b/tools/scripts/compile_release_package.ps1
index 919a25c21e..34f35b3f01 100644
--- a/tools/scripts/compile_release_package.ps1
+++ b/tools/scripts/compile_release_package.ps1
@@ -40,23 +40,40 @@ $target = $args[0]
 
 Write-Host ("Compiling for target: {0}" -f $target)
 
-$versionRegex = "AppVerName=DarkRadiant (.*) $target"
 $portableFilenameTemplate = "darkradiant-{0}-$target.portable.7z"
 $pdbFilenameTemplate = "darkradiant-{0}-$target.pdb.7z"
 
+$versionRegex = '#define RADIANT_VERSION "(.+)"'
+$versionIncludeFile = "..\..\include\version.h"
+
+# Extract the version string from the version.h file
+$content = Get-Content $versionIncludeFile
+$defaultVersionString = "X.Y.ZpreV"
+$foundVersionString = $defaultVersionString
+
+foreach ($line in $content)
+{
+    if ($line -match $versionRegex)
+    {
+        $foundVersionString = $matches[1] 
+        Write-Host ("Version is {0}" -f $matches[1])
+        break
+    }
+}
+
 if ($target -eq "x86")
 {
     $platform = "Win32"
     $issFile = "..\innosetup\darkradiant.iss"
     $portablePath = "DarkRadiant_install"
-	$redistSource = "C:\Program Files (x86)\Microsoft Visual Studio\2019\Community\VC\Redist\MSVC\14.23.27820\x86\Microsoft.VC142.CRT"
+	$redistSource = "C:\Program Files (x86)\Microsoft Visual Studio\2019\Community\VC\Redist\MSVC\14.24.28127\x86\Microsoft.VC142.CRT"
 } 
 else
 {
     $platform = "x64"
     $issFile = "..\innosetup\darkradiant.x64.iss"
     $portablePath = "DarkRadiant_install.x64"
-	$redistSource = "C:\Program Files (x86)\Microsoft Visual Studio\2019\Community\VC\Redist\MSVC\14.23.27820\x64\Microsoft.VC142.CRT"
+	$redistSource = "C:\Program Files (x86)\Microsoft Visual Studio\2019\Community\VC\Redist\MSVC\14.24.28127\x64\Microsoft.VC142.CRT"
 }
 
 if (-not $skipbuild)
@@ -98,24 +115,15 @@ else
 	Write-Host -ForegroundColor Yellow "Warning: cannot find the VC++ redist folder, won't copy runtime DLLs."
 }
 
-# Get the version from the innosetup file
-$content = Get-Content $issFile
-$defaultVersionString = "X.Y.ZpreV"
-$foundVersionString = $defaultVersionString
-
-foreach ($line in $content)
-{
-    if ($line -match $versionRegex)
-    {
-        $foundVersionString = $matches[1] 
-        Write-Host ("Version is {0}" -f $matches[1])
-        break
-    }
-}
-
 $portableFilename = "..\innosetup\" + ($portableFilenameTemplate -f $foundVersionString)
 $pdbFilename = "..\innosetup\" + ($pdbFilenameTemplate -f $foundVersionString)
 
+# Write the version to the innosetup source file
+Write-Host ("Writing version {0} to InnoSetup file" -f $foundVersionString)
+$issContent = Get-Content $issFile
+$issContent = $issContent -replace '#define DarkRadiantVersion "(.+)"', ('#define DarkRadiantVersion "{0}"' -f $foundVersionString)
+Set-Content -Path $issFile -Value $issContent
+
 # Compile the installer package
 Start-Process "compil32" -ArgumentList ("/cc", $issFile)