diff --git a/RELEASE b/RELEASE
index dd684b485d..a49bbfc592 100644
--- a/RELEASE
+++ b/RELEASE
@@ -183,7 +183,7 @@ their patches against this branch.
 
 
 
-* 0.5.7 Jan 11, 2012
+* 0.5.8 Jan 12, 2012
 
 General notes
 -------------
diff --git a/VERSION b/VERSION
index d3532a107e..659914ae94 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-0.5.7
+0.5.8