diff --git a/CHANGELOG.rst b/CHANGELOG.rst
index f9bfe7ac07d..5da24c32cf0 100644
--- a/CHANGELOG.rst
+++ b/CHANGELOG.rst
@@ -3,7 +3,7 @@ Changelog
 
 kitty is a feature full, cross-platform, *fast*, GPU based terminal emulator.
 
-version 0.5.0 [future]
+version 0.5.0 [2017-11-19]
 ---------------------------
 
 - Add support for ligature fonts such as Fira Code, Hasklig, etc. kitty now
@@ -23,7 +23,7 @@ version 0.5.0 [future]
 - Linux: Add support for startup notification on X11 desktops. kitty will
   now inform the window manager when its startup is complete.
 
-- Fix extra shell prompt being duplicated when window is resized
+- Fix shell prompt being duplicated when window is resized
 
 - Fix crash when displaying more than 64 images in the same session
 
diff --git a/kitty/constants.py b/kitty/constants.py
index 9b87dbaf576..1cc852264a7 100644
--- a/kitty/constants.py
+++ b/kitty/constants.py
@@ -11,7 +11,7 @@
 from .fast_data_types import set_boss as set_c_boss
 
 appname = 'kitty'
-version = (0, 4, 2)
+version = (0, 5, 0)
 str_version = '.'.join(map(str, version))
 _plat = sys.platform.lower()
 isosx = 'darwin' in _plat