diff --git a/Cargo.toml b/Cargo.toml
index cc3b2fcb8..2b09fc118 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -3,7 +3,7 @@ members = [".", "examples/opentelemetry", "examples/custom-root-span"]
 
 [package]
 name = "tracing-actix-web"
-version = "0.4.0-beta.16"
+version = "0.5.0-beta.1"
 authors = ["Luca Palmieri <rust@lpalmieri.com>"]
 edition = "2018"
 
diff --git a/README.md b/README.md
index 0a28f4cc5..b7775e1f9 100644
--- a/README.md
+++ b/README.md
@@ -35,7 +35,7 @@ Add `tracing-actix-web` to your dependencies:
 ```toml
 [dependencies]
 # ...
-tracing-actix-web = "0.4.0-beta.16"
+tracing-actix-web = "0.5.0-beta.1"
 tracing = "0.1"
 actix-web = "4.0.0-beta.10"
 ```
@@ -48,7 +48,7 @@ actix-web = "4.0.0-beta.10"
 - `opentelemetry_0_16`: same as above but using `opentelemetry` 0.16;
 - `emit_event_on_error`: emit a [`tracing`] event when request processing fails with an error (enabled by default).
 
-`tracing-actix-web` will release `0.4.0`, going out of beta, as soon as `actix-web` releases a stable `4.0.0`.
+`tracing-actix-web` will release `0.5.0`, going out of beta, as soon as `actix-web` releases a stable `4.0.0`.
 
 # Getting started
 
diff --git a/src/lib.rs b/src/lib.rs
index 1b164f4c0..cb6102cec 100644
--- a/src/lib.rs
+++ b/src/lib.rs
@@ -8,7 +8,7 @@
 //! ```toml
 //! [dependencies]
 //! # ...
-//! tracing-actix-web = "0.4.0-beta.16"
+//! tracing-actix-web = "0.5.0-beta.1"
 //! tracing = "0.1"
 //! actix-web = "4.0.0-beta.10"
 //! ```
@@ -21,7 +21,7 @@
 //! - `opentelemetry_0_16`: same as above but using `opentelemetry` 0.16;
 //! - `emit_event_on_error`: emit a [`tracing`] event when request processing fails with an error (enabled by default).
 //!
-//! `tracing-actix-web` will release `0.4.0`, going out of beta, as soon as `actix-web` releases a stable `4.0.0`.
+//! `tracing-actix-web` will release `0.5.0`, going out of beta, as soon as `actix-web` releases a stable `4.0.0`.
 //!
 //! # Getting started
 //!