diff --git a/molecule/settings.py b/molecule/settings.py
index ef91ebc..45aaad1 100644
--- a/molecule/settings.py
+++ b/molecule/settings.py
@@ -51,7 +51,7 @@ class Configuration(dict):
         if mysettings is None:
             mysettings = {}
         settings = {
-            'version': "0.5.3",
+            'version': "0.5.4",
             'chroot_compressor': "mksquashfs",
             'iso_builder': "mkisofs",
             'mirror_syncer': "rsync",