diff --git a/.gitignore b/.gitignore
index e45a5d4..2816ef9 100644
--- a/.gitignore
+++ b/.gitignore
@@ -1 +1,2 @@
 /Inline-Python-0.49.tar.gz
+/Inline-Python-0.50.tar.gz
diff --git a/perl-Inline-Python.spec b/perl-Inline-Python.spec
index 334f6fc..f048fe2 100644
--- a/perl-Inline-Python.spec
+++ b/perl-Inline-Python.spec
@@ -1,6 +1,6 @@
 Name:           perl-Inline-Python
-Version:        0.49
-Release:        5%{?dist}
+Version:        0.50
+Release:        1%{?dist}
 Summary:        Write Perl subs and classes in Python
 License:        GPL+ or Artistic
 Group:          Development/Libraries
@@ -74,6 +74,9 @@ make test
 %{_mandir}/man3/*
 
 %changelog
+* Tue Aug 23 2016 Jitka Plesnikova <jplesnik@redhat.com> - 0.50-1
+- 0.50 bump
+
 * Sun May 15 2016 Jitka Plesnikova <jplesnik@redhat.com> - 0.49-5
 - Perl 5.24 rebuild
 
diff --git a/sources b/sources
index b3f8749..81e1e08 100644
--- a/sources
+++ b/sources
@@ -1 +1 @@
-3900f3fbd0bb33c3b8e06c908a14ec2d  Inline-Python-0.49.tar.gz
+738db8e953bdd994238832a55c6340c9  Inline-Python-0.50.tar.gz