diff --git a/Cartfile b/Cartfile
index 6a5efc5..24ce080 100644
--- a/Cartfile
+++ b/Cartfile
@@ -1 +1 @@
-github "ReactiveX/RxSwift" ~> 4.1
\ No newline at end of file
+github "ReactiveX/RxSwift" ~> 5.0
\ No newline at end of file
diff --git a/Package.swift b/Package.swift
index 6c3c51b..79eebd4 100644
--- a/Package.swift
+++ b/Package.swift
@@ -15,7 +15,7 @@ let package = Package(
     dependencies: [
         // Dependencies declare other packages that this package depends on.
         // .package(url: /* package url */, from: "1.0.0"),
-        .package(url: "https://github.com/ReactiveX/RxSwift.git", .upToNextMajor(from: "4.0.0")),
+        .package(url: "https://github.com/ReactiveX/RxSwift.git", .upToNextMajor(from: "5.0.0")),
     ],
     targets: [
         // Targets are the basic building blocks of a package. A target can define a module or a test suite.
diff --git a/RxContacts.podspec b/RxContacts.podspec
index 56624aa..0456411 100644
--- a/RxContacts.podspec
+++ b/RxContacts.podspec
@@ -1,6 +1,6 @@
 Pod::Spec.new do |s|
   s.name         = "RxContacts"
-  s.version      = "1.0.2"
+  s.version      = "1.0.3"
   s.summary      = "RxSwift extensions for Contacts framework."
 
   s.homepage     = "https://github.com/RxSwiftCommunity/RxContacts"
@@ -8,7 +8,7 @@ Pod::Spec.new do |s|
   s.author       = { "Satish Babariya" => "satish.babariya@gmail.com" }
 
   s.cocoapods_version = '>= 1.4.0'
-  s.swift_version = '4.0'
+  s.swift_version = '5.0'
 
   s.ios.deployment_target = "9.0"
   s.osx.deployment_target = "10.12"
@@ -19,7 +19,7 @@ Pod::Spec.new do |s|
   s.framework  = "Foundation" ,"Contacts"
 
   s.static_framework = true
-  s.dependency 'RxSwift', '~> 4'
-  s.dependency 'RxCocoa', '~> 4'
+  s.dependency 'RxSwift', '~> 5'
+  s.dependency 'RxCocoa', '~> 5'
 
 end