diff --git a/release/observatory--0.0.5.sql b/release/observatory--0.0.5.sql
index 7d2a6cc..96b8b81 100644
--- a/release/observatory--0.0.5.sql
+++ b/release/observatory--0.0.5.sql
@@ -4,7 +4,7 @@
 -- Version number of the extension release
 CREATE OR REPLACE FUNCTION cdb_observatory_version()
 RETURNS text AS $$
-  SELECT ''::text;
+  SELECT '0.0.5'::text;
 $$ language 'sql' STABLE STRICT;
 
 -- Internal identifier of the installed extension instence
diff --git a/release/observatory.control b/release/observatory.control
index 279edf1..1e13336 100644
--- a/release/observatory.control
+++ b/release/observatory.control
@@ -1,5 +1,5 @@
 comment = 'CartoDB Observatory backend extension'
-default_version = '0.0.4'
+default_version = '0.0.5'
 requires = 'postgis'
 superuser = true
 schema = cdb_observatory