diff --git a/releasenotes/releasenotes_V0.5.0.md b/releasenotes/releasenotes_V0.5.0.md
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+# Release Notes 0.5.0
+
+## New Features
+- Added deployment-type to get-sli events [#1161](https://github.com/keptn/keptn/issues/1161)
+- Always set host to `api.keptn` when sending cluster-internal API requests [#1167](https://github.com/keptn/keptn/issues/1167)
+- Added `label` property to all events involved in the CD workflow [#1147](https://github.com/keptn/keptn/issues/1147)
+
diff --git a/version b/version
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-0.4.0
\ No newline at end of file
+0.5.0