diff --git a/CMakeLists.txt b/CMakeLists.txt
index 0f103de38..efd053b14 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -15,9 +15,9 @@ ENDIF(WIN32)
 PROJECT(OpenSceneGraph)
 
 SET(OPENSCENEGRAPH_MAJOR_VERSION 2)
-SET(OPENSCENEGRAPH_MINOR_VERSION 4)
+SET(OPENSCENEGRAPH_MINOR_VERSION 5)
 SET(OPENSCENEGRAPH_PATCH_VERSION 0)
-SET(OPENSCENEGRAPH_SOVERSION 35)
+SET(OPENSCENEGRAPH_SOVERSION 36)
 
 SET(OPENSCENEGRAPH_VERSION ${OPENSCENEGRAPH_MAJOR_VERSION}.${OPENSCENEGRAPH_MINOR_VERSION}.${OPENSCENEGRAPH_PATCH_VERSION})
 
diff --git a/include/osg/Version b/include/osg/Version
index aebb5e660..7b6d871a2 100644
--- a/include/osg/Version
+++ b/include/osg/Version
@@ -20,9 +20,9 @@ extern "C" {
 
 
 #define OPENSCENEGRAPH_MAJOR_VERSION    2
-#define OPENSCENEGRAPH_MINOR_VERSION    4
+#define OPENSCENEGRAPH_MINOR_VERSION    5
 #define OPENSCENEGRAPH_PATCH_VERSION    0
-#define OPENSCENEGRAPH_SOVERSION        35
+#define OPENSCENEGRAPH_SOVERSION        36
 
 /**
   * osgGetVersion() returns the library version number.
diff --git a/packaging/pkgconfig/openscenegraph.pc b/packaging/pkgconfig/openscenegraph.pc
index b5d240392..5682292d7 100644
--- a/packaging/pkgconfig/openscenegraph.pc
+++ b/packaging/pkgconfig/openscenegraph.pc
@@ -7,7 +7,7 @@ includedir=${prefix}/include
 
 Name: openscenegraph
 Description: 3D scenegraph
-Version: 2.4.0
+Version: 2.5.0
 Requires: openthreads
 Conflicts:
 Libs: -L${libdir} -losg -losgDB -losgFX -losgGA -losgParticle -losgSim -losgText -losgUtil -losgTerrain -losgManipulator -losgViewer