diff --git a/Cargo.lock b/Cargo.lock
index ecf5751..20df90f 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -762,7 +762,7 @@ dependencies = [
 
 [[package]]
 name = "zed_php"
-version = "0.4.10"
+version = "0.5.0"
 dependencies = [
  "zed_extension_api",
 ]
diff --git a/Cargo.toml b/Cargo.toml
index c662249..1fd543e 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "zed_php"
-version = "0.4.10"
+version = "0.5.0"
 edition = "2021"
 publish = false
 license = "Apache-2.0"
diff --git a/extension.toml b/extension.toml
index 8457409..f9d8afc 100644
--- a/extension.toml
+++ b/extension.toml
@@ -1,7 +1,7 @@
 id = "php"
 name = "PHP"
 description = "PHP support."
-version = "0.4.10"
+version = "0.5.0"
 schema_version = 1
 authors = ["Piotr Osiewicz <piotr@zed.dev>"]
 repository = "https://github.com/zed-extensions/php"