Next release will be 0.5.0.
diff --git a/pom.xml b/pom.xml
index 08652cb..84a7b8a 100644
--- a/pom.xml
+++ b/pom.xml
@@ -45,7 +45,7 @@
         <commons.encoding>UTF-8</commons.encoding>
         <commons.componentid>rdf</commons.componentid>
         <commons.module.name>org.apache.commons.rdf</commons.module.name>
-        <commons.release.version>0.3.0</commons.release.version>
+        <commons.release.version>0.5.0</commons.release.version>
         <commons.jira.id>COMMONSRDF</commons.jira.id>
         <commons.jira.pid>12316620</commons.jira.pid>
         <commons.site.path>rdf</commons.site.path>