diff --git a/Changelog.md b/Changelog.md
index 9dd75bb..7e18531 100644
--- a/Changelog.md
+++ b/Changelog.md
@@ -1,9 +1,14 @@
-## 1.XXX
+## 1.5.0.pre (Jul 19, 2013)
 
 Features:
 
+  - Added Support for the [Capistrano Multistage Extension](https://github.com/capistrano/capistrano/wiki/2.x-Multistage-Extension).
   - Allow the use of IAM roles to authenticate with AWS, rather than an access key id and secret access key.
 
+Bugfixes:
+
+  - Fixed an issue executing cap tasks on individual instances.
+
 ## 1.4.11 (Jun 13, 2013)
 
 Features:
diff --git a/lib/capify-ec2/version.rb b/lib/capify-ec2/version.rb
index af7a3b6..c384d8b 100644
--- a/lib/capify-ec2/version.rb
+++ b/lib/capify-ec2/version.rb
@@ -1,6 +1,6 @@
 module Capify
   module Ec2
-    VERSION = "1.4.11"
+    VERSION = "1.5.0.pre"
   end
 end