diff --git a/package.json b/package.json
index c62fa46853b..5b11935992f 100644
--- a/package.json
+++ b/package.json
@@ -2,7 +2,7 @@
     "name": "typescript",
     "author": "Microsoft Corp.",
     "homepage": "http://typescriptlang.org/",
-    "version": "2.4.0",
+    "version": "2.5.0",
     "license": "Apache-2.0",
     "description": "TypeScript is a language for application scale JavaScript development",
     "keywords": [
diff --git a/src/compiler/core.ts b/src/compiler/core.ts
index d70369f4ab6..82b40c6231a 100644
--- a/src/compiler/core.ts
+++ b/src/compiler/core.ts
@@ -3,7 +3,7 @@
 
 namespace ts {
     /** The version of the TypeScript compiler release */
-    export const version = "2.4.0";
+    export const version = "2.5.0";
 }
 
 /* @internal */
diff --git a/src/services/shims.ts b/src/services/shims.ts
index 498c1834a60..5ad7a5f6161 100644
--- a/src/services/shims.ts
+++ b/src/services/shims.ts
@@ -1248,4 +1248,4 @@ namespace TypeScript.Services {
 // TODO: it should be moved into a namespace though.
 
 /* @internal */
-const toolsVersion = "2.4";
\ No newline at end of file
+const toolsVersion = "2.5";
\ No newline at end of file