diff --git a/00-RELEASENOTES b/00-RELEASENOTES
index d5d13c5cb37a13a8b6c81aa14b04da8720759c4b..c5e7fb91612615e89c7a8dc1ecf74679e4616c8a 100644
--- a/00-RELEASENOTES
+++ b/00-RELEASENOTES
@@ -12,6 +12,12 @@ HIGH:     There is a critical bug that may affect a subset of users. Upgrade!
 CRITICAL: There is a critical bug affecting MOST USERS. Upgrade ASAP.
 --------------------------------------------------------------------------------
 
+--[ Redis 3.0.0 Beta 5 (version 2.9.54) ] Release date: 26 may 2014
+
+This is the 5th beta of Redis 3.0.0. It does not include any real
+worthwhile change (just three days passed since the previous beta), but
+fixes two stupid bugs preventing cluster tests to pass.
+
 --[ Redis 3.0.0 Beta 4 (version 2.9.53) ] Release date: 23 may 2014
 
 This is the fourth beta of Redis 3.0.0.
diff --git a/src/version.h b/src/version.h
index 2d25164691494ea6d993ddfb17121fddb0928c72..5d9051f74372ac655fd3075f3674b518903099fb 100644
--- a/src/version.h
+++ b/src/version.h
@@ -1 +1 @@
-#define REDIS_VERSION "2.9.53"
+#define REDIS_VERSION "2.9.54"