diff --git a/doc/src/history.adoc b/doc/src/history.adoc
index 37c90c9ef..3b6881e0f 100644
--- a/doc/src/history.adoc
+++ b/doc/src/history.adoc
@@ -1,6 +1,8 @@
 [[b2.history]]
 = History
 
+== Version 4.5.0
+
 == Version 4.4.2
 
 This release is the first of the new home for B2 at Build Frameworks Group.
diff --git a/src/build/version.jam b/src/build/version.jam
index 6c7805fef..2212f8788 100644
--- a/src/build/version.jam
+++ b/src/build/version.jam
@@ -8,7 +8,7 @@ import numbers ;
 
 # Mirror engine JAM_VERSION
 .major = "4" ;
-.minor = "4" ;
+.minor = "5" ;
 
 
 rule boost-build ( )
diff --git a/src/engine/patchlevel.h b/src/engine/patchlevel.h
index 17bd485af..f20181fb0 100644
--- a/src/engine/patchlevel.h
+++ b/src/engine/patchlevel.h
@@ -12,5 +12,5 @@ Distributed under the Boost Software License, Version 1.0.
 
 
 #define VERSION_MAJOR 4
-#define VERSION_MINOR 4
-#define VERSION_PATCH 2
+#define VERSION_MINOR 5
+#define VERSION_PATCH 0