diff --git a/llarp/win32/version.rc b/llarp/win32/version.rc
index ed9407ad5..5c7adba02 100644
--- a/llarp/win32/version.rc
+++ b/llarp/win32/version.rc
@@ -81,18 +81,18 @@ BEGIN
             VALUE "CompanyName", "Loki Foundation"
             VALUE "FileDescription", "LokiNET daemon for Microsoft® Windows® NT™"
 #ifdef LLARP_RELEASE_MOTTO
-            VALUE "FileVersion", VERSION_STRING(0.5.0, RELEASE_MOTTO, GIT_REV)
+            VALUE "FileVersion", VERSION_STRING(0.5.1, RELEASE_MOTTO, GIT_REV)
 #else
-            VALUE "FileVersion", VERSION_STRING(0.5.0-dev-, GIT_REV)
+            VALUE "FileVersion", VERSION_STRING(0.5.1-dev-, GIT_REV)
 #endif
             VALUE "InternalName", "llarpd"
             VALUE "LegalCopyright", "Copyright ©2018-2019 Jeff Becker, Rick V for the Loki Foundation. All rights reserved. This software is provided under the terms of the zlib-libpng licence; see the file LICENSE for details."
             VALUE "OriginalFilename", "llarpd.exe"
             VALUE "ProductName", "LokiNET for Windows"
 #ifdef LLARP_RELEASE_MOTTO
-            VALUE "ProductVersion", VERSION_STRING(0.5.0, RELEASE_MOTTO, GIT_REV)
+            VALUE "ProductVersion", VERSION_STRING(0.5.1, RELEASE_MOTTO, GIT_REV)
 #else
-            VALUE "ProductVersion", VERSION_STRING(0.5.0-dev-, GIT_REV)
+            VALUE "ProductVersion", VERSION_STRING(0.5.1-dev-, GIT_REV)
 #endif
         END
     END
diff --git a/test/win32/test.rc b/test/win32/test.rc
index 797ac51b3..69d24a218 100644
--- a/test/win32/test.rc
+++ b/test/win32/test.rc
@@ -81,12 +81,12 @@ BEGIN
             VALUE "CompanyName", "Loki Foundation"
             VALUE "FileDescription", "LokiNET for Microsoft® Windows® NT™"
 #ifdef LLARP_RELEASE_MOTTO
-            VALUE "FileVersion", VERSION_STRING(0.5.0, RELEASE_MOTTO, GIT_REV)
+            VALUE "FileVersion", VERSION_STRING(0.5.1, RELEASE_MOTTO, GIT_REV)
 #else
 #ifdef __GNUC__
-            VALUE "FileVersion", VERSION_STRING(0.5.0-dev-, GIT_REV)
+            VALUE "FileVersion", VERSION_STRING(0.5.1-dev-, GIT_REV)
 #else
-            VALUE "FileVersion", "0.5.0-dev"
+            VALUE "FileVersion", "0.5.1-dev"
 #endif
 #endif
             VALUE "InternalName", "llarpd"
@@ -94,12 +94,12 @@ BEGIN
             VALUE "OriginalFilename", "llarpd.exe"
             VALUE "ProductName", "LokiNET for Windows"
 #ifdef LLARP_RELEASE_MOTTO
-            VALUE "ProductVersion", VERSION_STRING(0.5.0, RELEASE_MOTTO, GIT_REV)
+            VALUE "ProductVersion", VERSION_STRING(0.5.1, RELEASE_MOTTO, GIT_REV)
 #else
 #ifdef __GNUC__
-            VALUE "ProductVersion", VERSION_STRING(0.5.0-dev-, GIT_REV)
+            VALUE "ProductVersion", VERSION_STRING(0.5.1-dev-, GIT_REV)
 #else
-            VALUE "ProductVersion", "0.5.0-dev"
+            VALUE "ProductVersion", "0.5.1-dev"
 #endif
 #endif
         END
diff --git a/ui-win32/Properties/AssemblyInfo.cs b/ui-win32/Properties/AssemblyInfo.cs
index 831e060c0..d6291c7ee 100644
--- a/ui-win32/Properties/AssemblyInfo.cs
+++ b/ui-win32/Properties/AssemblyInfo.cs
@@ -37,10 +37,10 @@ using System.Runtime.InteropServices;
 // You can specify all the values or you can default the Build and Revision Numbers
 // by using the '*' as shown below:
 // [assembly: AssemblyVersion("1.0.*")]
-[assembly: AssemblyVersion("0.5.0")]
-[assembly: AssemblyFileVersion("0.5.0")]
+[assembly: AssemblyVersion("0.5.1")]
+[assembly: AssemblyFileVersion("0.5.1")]
 #if DEBUG
-[assembly: AssemblyInformationalVersion("0.5.0-dev-{chash:8}")]
+[assembly: AssemblyInformationalVersion("0.5.1-dev-{chash:8}")]
 #else
-[assembly: AssemblyInformationalVersion("0.5.0 (RELEASE_CODENAME)")]
+[assembly: AssemblyInformationalVersion("0.5.1 (RELEASE_CODENAME)")]
 #endif
\ No newline at end of file
diff --git a/win32-setup/lokinet-win32.iss b/win32-setup/lokinet-win32.iss
index 2f618c6f4..4c68d75be 100644
--- a/win32-setup/lokinet-win32.iss
+++ b/win32-setup/lokinet-win32.iss
@@ -2,7 +2,7 @@
 ; SEE THE DOCUMENTATION FOR DETAILS ON CREATING INNO SETUP SCRIPT FILES!
 
 #define MyAppName "Lokinet"
-#define MyAppVersion "0.5.0"
+#define MyAppVersion "0.5.1"
 #define MyAppPublisher "Loki Project"
 #define MyAppURL "https://loki.network"
 #define MyAppExeName "lokinetui.exe"
@@ -39,18 +39,18 @@ OutputDir={#DevPath}win32-setup
 OutputBaseFilename=lokinet-win32
 Compression=lzma2/ultra64
 SolidCompression=yes
-VersionInfoVersion=0.5.0
+VersionInfoVersion=0.5.1
 VersionInfoCompany=Loki Project
 VersionInfoDescription=LokiNET for Microsoft® Windows® NT™
 #ifndef RELEASE
-VersionInfoTextVersion=0.5.0-dev-{#VCSRev}
-VersionInfoProductTextVersion=0.5.0-dev-{#VCSRev}
+VersionInfoTextVersion=0.5.1-dev-{#VCSRev}
+VersionInfoProductTextVersion=0.5.1-dev-{#VCSRev}
 #else
-VersionInfoTextVersion=0.5.0
-VersionInfoProductTextVersion=0.5.0 ({#Codename})
+VersionInfoTextVersion=0.5.1
+VersionInfoProductTextVersion=0.5.1 ({#Codename})
 #endif
 VersionInfoProductName=LokiNET
-VersionInfoProductVersion=0.5.0
+VersionInfoProductVersion=0.5.1
 InternalCompressLevel=ultra64
 MinVersion=0,5.0
 ArchitecturesInstallIn64BitMode=x64