diff --git a/README.md b/README.md
index c3c6f6f..160435e 100644
--- a/README.md
+++ b/README.md
@@ -51,6 +51,9 @@ We no longer support Ruby 1.8 or versions of Rails/ActiveRecord older than 3.0.
 Moving forward we will do our best to support the latest versions of ActiveRecord and Ruby.
 
 ## Change Log
+* 1.5.0 - December 16th, 2013
+	* `Added new descendants method` -- adamkleingit
+	* Fixed warning message -- akicho8
 * 1.4.0 - June 25th, 2013
 	* `Presentation#tree_view` -- rainchen
 	* `root?` && `leaf?` methods. -- xuanxu
diff --git a/lib/acts_as_tree/version.rb b/lib/acts_as_tree/version.rb
index 3a25e1c..dec0bf2 100644
--- a/lib/acts_as_tree/version.rb
+++ b/lib/acts_as_tree/version.rb
@@ -1,3 +1,3 @@
 module ActsAsTree
-  VERSION = "1.4.0"
+  VERSION = "1.5.0"
 end