diff --git a/utils/rbutilqt/Info.plist b/utils/rbutilqt/Info.plist
index 22f125303b..6ec1763220 100644
--- a/utils/rbutilqt/Info.plist
+++ b/utils/rbutilqt/Info.plist
@@ -7,7 +7,7 @@
 	<key>CFBundleName</key>
 	<string>Rockbox Utility</string>
 	<key>CFBundleShortVersionString</key>
-	<string>1.4.1 ($Rev$)</string>
+	<string>1.5.0</string>
 	<key>CFBundleIconFile</key>
 	<string>rbutilqt.icns</string>
 	<key>CFBundleIdentifier</key>
diff --git a/utils/rbutilqt/version.h b/utils/rbutilqt/version.h
index 1a1d78f643..a4acb9abd2 100644
--- a/utils/rbutilqt/version.h
+++ b/utils/rbutilqt/version.h
@@ -33,8 +33,8 @@
 // Version string is constructed from parts, since the Windows rc file needs it
 // combined differently.
 #define VERSION_MAJOR 1
-#define VERSION_MINOR 4
-#define VERSION_MICRO 1
+#define VERSION_MINOR 5
+#define VERSION_MICRO 0
 #define VERSION_PATCH 0
 #define STR(x) #x
 #define VERSIONSTRING(a, b, c) STR(a) "." STR(b) "." STR(c)