diff --git a/boot/src/main/scala/ProjectProperties.scala b/boot/src/main/scala/ProjectProperties.scala
index 7d27141e7..b3bc81be4 100644
--- a/boot/src/main/scala/ProjectProperties.scala
+++ b/boot/src/main/scala/ProjectProperties.scala
@@ -9,7 +9,7 @@ Name:
 Organization []:
 Version [1.0]: 
 Scala version [2.7.5]: 
-sbt version [0.5.2]: 
+sbt version [0.5.3]: 
 */
 import java.io.File
 /** Constants related to reading/writing the build.properties file in a project.
@@ -48,7 +48,7 @@ private object ProjectProperties
 	/** The default version of the new user project when the user doesn't explicitly specify a version when prompted.*/
 	val DefaultVersion = "1.0"
 	/** The default version of sbt when the user doesn't explicitly specify a version when prompted.*/
-	val DefaultSbtVersion = "0.5.2"
+	val DefaultSbtVersion = "0.5.3"
 	/** The default version of Scala when the user doesn't explicitly specify a version when prompted.*/
 	val DefaultScalaVersion = "2.7.5"