Adobe’s Upgrade policy for Adobe® Photoshop® CS4 to Adobe CS5 has not been announced, yet.
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Since this post was originally published, Adobe has announced that they would reveal details about
Photoshop CS5, Photoshop Extended, Creative Suite CS5, + the CS5 Master Collection on April 12.
To find more on the latest Adobe Photoshop CS5 News, when Adobe Photoshop CS5 and the Adobe CS5 Creative Suites will be released see
Adobe Photoshop CS5 News New Features Price Rumors Upgrade When?
Upgrade to Adobe Photoshop CS5* You have You want You pay Adobe Photoshop CS4 Extended or CS3 Extended Adobe Photoshop CS5 US$199 Adobe Photoshop Elements 8, 7, or 6 (Windows) Adobe Photoshop CS5 US$599 Adobe Photoshop Elements 8, 6, or 4.0 (Mac OS) Adobe Photoshop CS5 US$599 Adobe Photoshop CS4, CS3, or CS2 Adobe Photoshop CS5 US$199
Upgrade to Adobe Creative Suite 5 Design Standard You have You want You pay Adobe Photoshop CS5, CS4, CS3, or CS2 Adobe Creative Suite 5 Design Standard US$849 *Upgrade pricing is available only for products listed above and requires a qualifying previous product on the same platform, with serial number. Upgrades for volume and education licensing are handled separately. You cannot upgrade a previous edition of Creative Suite, Adobe Production Studio, or Macromedia® Studio to a standalone product such as Photoshop, Illustrator®, or Dreamweaver®. When purchasing an upgrade, be careful to choose one you qualify for because the installer will not work without the serial number from an eligible earlier version. In addition, once you break the seal, your reseller may not accept a return. For volume licensing upgrades, contact your Adobe Licensing Center. For more information on upgrading, see the Creative Suite 5 policies FAQ.
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