diff --git a/CHANGES.md b/CHANGES.md
index 1a75929..05e3554 100644
--- a/CHANGES.md
+++ b/CHANGES.md
@@ -1,5 +1,10 @@
 # bunyan Changelog
 
+## bunyan 0.16.5 (not yet released)
+
+(nothing yet)
+
+
 ## bunyan 0.16.4
 
 - issue #54: Ensure (again, see 0.16.2) that stderr from the dtrace child
diff --git a/bin/bunyan b/bin/bunyan
index ef31200..2b192ea 100755
--- a/bin/bunyan
+++ b/bin/bunyan
@@ -5,7 +5,7 @@
 // See <https://github.com/trentm/node-bunyan>.
 //
 
-var VERSION = "0.16.4";
+var VERSION = "0.16.5";
 
 var util = require('util');
 var pathlib = require('path');
diff --git a/lib/bunyan.js b/lib/bunyan.js
index 1c5ed9e..550de18 100644
--- a/lib/bunyan.js
+++ b/lib/bunyan.js
@@ -4,7 +4,7 @@
  * The bunyan logging library for node.js.
  */
 
-var VERSION = '0.16.4';
+var VERSION = '0.16.5';
 
 // Bunyan log format version. This becomes the 'v' field on all log records.
 // `0` is until I release a version '1.0.0' of node-bunyan. Thereafter,
diff --git a/package.json b/package.json
index 07c865f..9592388 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "bunyan",
-  "version": "0.16.4",
+  "version": "0.16.5",
   "description": "a JSON Logger library for node.js services",
   "author": "Trent Mick <trentm@gmail.com> (http://trentm.com)",
   "main": "./lib/bunyan.js",