diff --git a/README.rst b/README.rst
index a509594a..8af91c4b 100644
--- a/README.rst
+++ b/README.rst
@@ -2,7 +2,7 @@
  kombu - AMQP Messaging Framework for Python
 #############################################
 
-:Version: 1.0.4
+:Version: 1.0.5
 
 Synopsis
 ========
diff --git a/kombu/__init__.py b/kombu/__init__.py
index b1ae0723..5c2415f9 100644
--- a/kombu/__init__.py
+++ b/kombu/__init__.py
@@ -1,5 +1,5 @@
 """AMQP Messaging Framework for Python"""
-VERSION = (1, 0, 4)
+VERSION = (1, 0, 5)
 __version__ = ".".join(map(str, VERSION[0:3])) + "".join(VERSION[3:])
 __author__ = "Ask Solem"
 __contact__ = "ask@celeryproject.org"