diff --git a/CHANGELOG.md b/CHANGELOG.md
index 7d2599ba4..d876d2a6c 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,6 +1,6 @@
 # Changelog
 
-## Dev
+## 0.5.0 - 2014-07-17
 
 * Browsers are now launched once for each run (previously, they were
   launched once per suite). This greatly reduces total tests run time,
diff --git a/package.json b/package.json
index 6639bd7e7..337076bf2 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "gemini",
-  "version": "0.4.2",
+  "version": "0.5.0",
   "description": "UI Screenshot testing utility",
   "bin": {
     "gemini": "./bin/gemini"