diff --git a/docs/conf.py b/docs/conf.py
index f1bfbb22b..584284552 100644
--- a/docs/conf.py
+++ b/docs/conf.py
@@ -47,7 +47,7 @@ copyright = u'Rackspace, based on work by Jacob Kaplan-Moss'
 # The short X.Y version.
 version = '2.5'
 # The full version, including alpha/beta/rc tags.
-release = '2.5.3'
+release = '2.5.4'
 
 # The language for content autogenerated by Sphinx. Refer to documentation
 # for a list of supported languages.
diff --git a/setup.py b/setup.py
index c03385cef..42204876a 100644
--- a/setup.py
+++ b/setup.py
@@ -11,7 +11,7 @@ if sys.version_info < (2,6):
 
 setup(
     name = "python-novaclient",
-    version = "2.5.3",
+    version = "2.5.4",
     description = "Client library for OpenStack Nova API",
     long_description = read('README.rst'),
     url = 'https://github.com/rackspace/python-novaclient',