diff --git a/RELEASES.txt b/RELEASES.txt
index 4e9178d401f..5c46bed8815 100644
--- a/RELEASES.txt
+++ b/RELEASES.txt
@@ -1,6 +1,7 @@
 Ansible Releases at a Glance
 ============================
 
+1.5    "Love Walks In" -------- active development
 1.4    "Could This Be Magic?" - 11-21-2013
 1.3.4  "Top of the World" ----- 10-29-2013
 1.3.3  "Top of the World" ----- 10-09-2013
diff --git a/VERSION b/VERSION
index c068b2447cc..c239c60cba2 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-1.4
+1.5
diff --git a/lib/ansible/__init__.py b/lib/ansible/__init__.py
index 7ecc8f45784..7486c49b462 100644
--- a/lib/ansible/__init__.py
+++ b/lib/ansible/__init__.py
@@ -14,5 +14,5 @@
 #
 # You should have received a copy of the GNU General Public License
 # along with Ansible.  If not, see <http://www.gnu.org/licenses/>.
-__version__ = '1.4'
+__version__ = '1.5'
 __author__ = 'Michael DeHaan'
diff --git a/packaging/debian/changelog b/packaging/debian/changelog
index e502ebbed01..9b205b0f1d1 100644
--- a/packaging/debian/changelog
+++ b/packaging/debian/changelog
@@ -1,3 +1,8 @@
+ansible (1.5) unstable; urgency=low
+
+  * 1.5 release (PENDING)
+ 
+ -- Michael DeHaan <michael.dehaan@gmail.com>  Thu, 21 November 2013 15:00:01 -0500
 
 ansible (1.4) unstable; urgency=low
 
diff --git a/packaging/rpm/ansible.spec b/packaging/rpm/ansible.spec
index 0d6040000dc..c0b92193ce2 100644
--- a/packaging/rpm/ansible.spec
+++ b/packaging/rpm/ansible.spec
@@ -10,7 +10,7 @@ BuildRoot: %{_tmppath}/%{name}-%{version}-%{release}-buildroot
 Name: ansible
 Release: 1%{?dist}
 Summary: SSH-based configuration management, deployment, and orchestration engine
-Version: 1.4
+Version: 1.5
 
 Group: Development/Libraries
 License: GPLv3
@@ -78,6 +78,9 @@ rm -rf $RPM_BUILD_ROOT
 
 %changelog
 
+* Thu Nov 21 2013 Michael DeHaan <michael.dehaan@gmail.com> - 1.5-0
+* (PENDING)
+
 * Thu Nov 21 2013 Michael DeHaan <michael.dehaan@gmail.com> - 1.4-0
 * Release 1.4.0