diff --git a/CHANGES.rst b/CHANGES.rst
index c05e8337..2586bb8b 100644
--- a/CHANGES.rst
+++ b/CHANGES.rst
@@ -1,6 +1,14 @@
 Changes
 =======
 
+1.5.0
+-----
+
+Lots of internal improvements, mostly to support new functionality in Piccolo
+Admin.
+
+-------------------------------------------------------------------------------
+
 1.4.2
 -----
 
diff --git a/piccolo/__init__.py b/piccolo/__init__.py
index 30b4f62e..7e6a9ccf 100644
--- a/piccolo/__init__.py
+++ b/piccolo/__init__.py
@@ -1 +1 @@
-__VERSION__ = "1.4.2"
+__VERSION__ = "1.5.0"