diff --git a/NEWS b/NEWS
index 61a1307..4d49c5c 100644
--- a/NEWS
+++ b/NEWS
@@ -6,6 +6,10 @@
  NEWS
 ------
 
+0.5 - **Not released yet**
+==========================
+
+
 0.3 - Dancing Flowers
 =====================
 
diff --git a/radicale/__init__.py b/radicale/__init__.py
index 5c4da3a..54b3b9b 100644
--- a/radicale/__init__.py
+++ b/radicale/__init__.py
@@ -49,7 +49,7 @@ except ImportError:
 from radicale import acl, config, ical, xmlutils
 
 
-VERSION = "0.3"
+VERSION = "git"
 
 def _check(request, function):
     """Check if user has sufficient rights for performing ``request``."""