diff --git a/devel/bzr-builder/Makefile b/devel/bzr-builder/Makefile
index 0a4eaf46c2fd..863022485b04 100644
--- a/devel/bzr-builder/Makefile
+++ b/devel/bzr-builder/Makefile
@@ -1,28 +1,31 @@
 # Ports collection makefile for:	bzr-builder
 # Date created:				22 Aug 2010
 # Whom:					Carlo Strub <c-s@c-s.li>
 #
 # $FreeBSD$
 #
 
 PORTNAME=	bzr-builder
-PORTVERSION=	0.4
+PORTVERSION=	0.5
 CATEGORIES=	devel
-MASTER_SITES=	http://launchpadlibrarian.net/53826552/ \
+MASTER_SITES=	http://launchpadlibrarian.net/54689925/ \
 		http://www.c-s.li/ports/
 
 MAINTAINER=	c-s@c-s.li
 COMMENT=	A bzr plugin to construct a bzr branch based on a "recipe"
 
 BUILD_DEPENDS=	bzr:${PORTSDIR}/devel/bazaar-ng
 RUN_DEPENDS=	bzr:${PORTSDIR}/devel/bazaar-ng
 
-LICENSE=	GPLv2
+LICENSE=	GPLv3
 
 WRKSRC=		${WRKDIR}/${PORTNAME}-${PORTVERSION}
 
 USE_PYTHON=		yes
 USE_PYDISTUTILS=	yes
 PYDISTUTILS_PKGNAME=	bzr_builder
 
+post-patch:
+	@${REINPLACE_CMD} -e 's|0.4|0.5|g' ${WRKSRC}/setup.py
+
 .include <bsd.port.mk>
diff --git a/devel/bzr-builder/distinfo b/devel/bzr-builder/distinfo
index 8dc86f56bddb..98418d95f3be 100644
--- a/devel/bzr-builder/distinfo
+++ b/devel/bzr-builder/distinfo
@@ -1,3 +1,3 @@
-MD5 (bzr-builder-0.4.tar.gz) = 833e1c53547efcecb89eba09b7a684d0
-SHA256 (bzr-builder-0.4.tar.gz) = 2b45bbf9f19ecc834fbbb6d73e1280afa5f5e06b4adc44ec7f4a53208921be53
-SIZE (bzr-builder-0.4.tar.gz) = 40567
+MD5 (bzr-builder-0.5.tar.gz) = 2c31bcb432dbfdcf2475140f167cebd8
+SHA256 (bzr-builder-0.5.tar.gz) = bf46bdf73147c1633e1e02a60a2c7786755e2bf0f8aa013c540f4963c46ffff3
+SIZE (bzr-builder-0.5.tar.gz) = 40805