diff --git a/GNUmakefile b/GNUmakefile
index 2e6a418..2eeac6e 100644
--- a/GNUmakefile
+++ b/GNUmakefile
@@ -1,5 +1,5 @@
 pkgname=amazon-ec2-net-utils
-version=2.4.1
+version=2.5.0
 
 # Used by 'install'
 PREFIX?=/usr/local
diff --git a/amazon-ec2-net-utils.spec b/amazon-ec2-net-utils.spec
index 7941027..e50676f 100644
--- a/amazon-ec2-net-utils.spec
+++ b/amazon-ec2-net-utils.spec
@@ -1,5 +1,5 @@
 Name:    amazon-ec2-net-utils
-%define  base_version 2.4.1
+%define  base_version 2.5.0
 %define  source_version %{base_version}%{?_source_version_suffix}
 Version: %{base_version}%{?_rpm_version_suffix}
 Release: 1%{?dist}
diff --git a/debian/changelog b/debian/changelog
old mode 100644
new mode 100755
index 1be1359..df9e5c6
--- a/debian/changelog
+++ b/debian/changelog
@@ -1,3 +1,9 @@
+amazon-ec2-net-utils (2.5.0) unstable; urgency=medium
+
+  * New upstream release 2.5.0
+
+ -- Vighnesh Maheswari <vighmah@amazon.com>  Mon, 11 Mar 2024 16:23:33 +0000
+
 amazon-ec2-net-utils (2.4.1-1~1) unstable; urgency=medium
 
   * New upstream release 2.4.1