diff --git a/bfd/ChangeLog b/bfd/ChangeLog
index d40db1b26b..dd13130f0e 100644
--- a/bfd/ChangeLog
+++ b/bfd/ChangeLog
@@ -1,3 +1,7 @@
+Fri Oct 14 19:15:46 1994  Ken Raeburn  <raeburn@cujo.cygnus.com>
+
+	* VERSION: Updated to 2.5.
+
 Fri Oct 14 11:07:50 1994  Ian Lance Taylor  <ian@sanguine.cygnus.com>
 
 	* bfd.c (bfd_scan_vma): Cast end to be non const before passing it
diff --git a/bfd/VERSION b/bfd/VERSION
index ae7202bf99..aa90abdd54 100644
--- a/bfd/VERSION
+++ b/bfd/VERSION
@@ -1 +1 @@
-cygnus-2.3
+cygnus-2.5