diff --git a/version.props b/version.props
index db5c0a52bf..8e872d018e 100644
--- a/version.props
+++ b/version.props
@@ -9,8 +9,8 @@
     <VersionSuffix Condition="'$(VersionSuffix)' != '' And '$(FeatureBranchVersionSuffix)' != ''">$(FeatureBranchVersionPrefix)$(VersionSuffix)-$([System.Text.RegularExpressions.Regex]::Replace('$(FeatureBranchVersionSuffix)', '[^\w-]', '-'))</VersionSuffix>
     <VersionSuffix Condition="'$(VersionSuffix)' != '' And '$(BuildNumber)' != ''">$(VersionSuffix)-$(BuildNumber)</VersionSuffix>
 
-    <ExperimentalVersionPrefix>0.4.0</ExperimentalVersionPrefix>
-    <ExperimentalVersionSuffix>preview3</ExperimentalVersionSuffix>
+    <ExperimentalVersionPrefix>0.5.0</ExperimentalVersionPrefix>
+    <ExperimentalVersionSuffix>preview1</ExperimentalVersionSuffix>
     <ExperimentalPackageVersion Condition="'$(IsFinalBuild)' == 'true' AND '$(ExperimentalVersionSuffix)' == 'rtm' ">$(ExperimentalVersionPrefix)</ExperimentalPackageVersion>
     <ExperimentalPackageVersion Condition="'$(IsFinalBuild)' == 'true' AND '$(ExperimentalVersionSuffix)' != 'rtm' ">$(ExperimentalVersionPrefix)-$(ExperimentalVersionSuffix)-final</ExperimentalPackageVersion>
     <ExperimentalVersionSuffix Condition="'$(ExperimentalVersionSuffix)' != '' And '$(BuildNumber)' != ''">$(ExperimentalVersionSuffix)-$(BuildNumber)</ExperimentalVersionSuffix>