diff --git a/History.txt b/History.txt
index ffda0022..f8b902f6 100644
--- a/History.txt
+++ b/History.txt
@@ -2,6 +2,7 @@
 
 * Enhancements:
   * Upgraded Ruby 2.0.0 to patchlevel 0
+  * Upgraded rb-readline to 0.5.0.pre.1 (compatible with Ruby 2.0)
 
 * Bugfixes:
   * Generate documentation for target version of Ruby
diff --git a/config/dependencies.rb b/config/dependencies.rb
index 45110a67..35465090 100644
--- a/config/dependencies.rb
+++ b/config/dependencies.rb
@@ -125,11 +125,11 @@ module RubyInstaller
 
   PureReadline = OpenStruct.new(
     :release => 'experimental',
-    :version => '0.5.2-0.4.2',
-    :url => 'http://cloud.github.com/downloads/luislavena/rb-readline',
+    :version => '0.5.2-0.5.0.pre.1',
+    :url => 'https://github.com/luislavena/rb-readline/archive',
     :target => 'sandbox/rb-readline',
     :files => [
-      'rb-readline-0.4.2.zip'
+      'v0.5.0.pre.1.zip'
     ]
   )