GREEDY PIRATES

A pirate ship captures a treasure of 1000 golden coins. The treasure has to be split among the 5 pirates: 1, 2, 3, 4, and 5 in order of rank. The pirates have the following important characteristics: infinitely smart, bloodthirsty, greedy. Starting with pirate 5 they can make a proposal how to split up the treasure. This proposal can either be accepted or the pirate is thrown overboard. A proposal is accepted if and only if a majority of the pirates agrees on it. What proposal should pirate 5 make?