diff --git a/setup.py b/setup.py
index afae690..0a8c9f9 100644
--- a/setup.py
+++ b/setup.py
@@ -2,7 +2,7 @@
 # -*- coding: utf-8 -*-
 #
 # Debian Member Portfolio Service setup
-# Copyright © 2009-2015 Jan Dittberner <jan@dittberner.info>
+# Copyright © 2009-2017 Jan Dittberner <jan@dittberner.info>
 #
 # This file is part of the Debian Member Portfolio Service.
 #
@@ -29,7 +29,7 @@ except ImportError:
 
 setup(
     name='debianmemberportfolio',
-    version='0.4.2',
+    version='0.5.0',
     description='service to create Debian Member Portfolio URLs',
     long_description="""This is a service implementation that returns a set of
     personalized URLs as outlined in https://wiki.debian.org/DDPortfolio. It
@@ -47,7 +47,7 @@ setup(
     author_email='jan@dittberner.info',
     url='http://debian-stuff.dittberner.info/debianmemberportfolio',
     license='AGPL-3.0+',
-    install_requires=["Flask>=0.10.1", 'Babel>=1.3', 'Flask-Babel>=0.9', 'wtforms'],
+    install_requires=["Flask>=0.12.2", 'Babel>=2.5.0', 'Flask-Babel>=0.11.2', 'wtforms'],
     packages=find_packages(exclude=['ez_setup']),
     include_package_data=True,
     test_suite='nose.collector',