diff --git a/CHANGELOG.md b/CHANGELOG.md
index 2b2caf85..27c932b7 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -4,6 +4,25 @@ All notable changes to this project will be documented in this file.
 The format is based on [Keep a Changelog](https://keepachangelog.com/en/1.0.0/),
 and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0.html).
 
+## [Unreleased]
+### Added
+-
+
+### Changed
+-
+
+### Deprecated
+-
+
+### Removed
+-
+
+### Fixed
+-
+
+### Security
+-
+
 ## [0.4.0] - 2019-05-04
 ### Added
 - OpenVINO auto annotation: it is possible to upload a custom model and annotate images automatically.
@@ -29,9 +48,6 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 - Django 2.1.5 (security fix, https://nvd.nist.gov/vuln/detail/CVE-2019-3498)
 - Several scenarious which cause code 400 after undo/redo/save have been fixed (#315)
 
-### Security
--
-
 ## [0.3.0] - 2018-12-29
 ### Added
 - Ability to copy Object URL and Frame URL via object context menu and player context menu respectively.
diff --git a/cvat/__init__.py b/cvat/__init__.py
index 94a6cc8c..466473fe 100644
--- a/cvat/__init__.py
+++ b/cvat/__init__.py
@@ -5,6 +5,6 @@
 
 from cvat.utils.version import get_version
 
-VERSION = (0, 4, 0, 'final')
+VERSION = (0, 5, 0, 'alpha')
 
 __version__ = get_version(VERSION)