diff --git a/CHANGELOG.md b/CHANGELOG.md
index 0e7d74f8..7a10c1cb 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,6 +1,9 @@
 master
 ------
 
+0.5.4
+-----
+
 * Escape generated CLI strings. Adds support for paths with spaces.
 
 0.5.3
diff --git a/lib/ember_cli/version.rb b/lib/ember_cli/version.rb
index 0ef0471e..442a8cb6 100644
--- a/lib/ember_cli/version.rb
+++ b/lib/ember_cli/version.rb
@@ -1,3 +1,3 @@
 module EmberCli
-  VERSION = "0.5.3".freeze
+  VERSION = "0.5.4".freeze
 end