diff --git a/ChangeLog b/ChangeLog
index 3958125..e91f196 100644
--- a/ChangeLog
+++ b/ChangeLog
@@ -1,3 +1,10 @@
+0.5.0   Daniel Lintott  <daniel@serverb.co.uk>
+
+    * Correctly handle a cloud being in a topology but not connected
+    * Correct WIC card numbering for routers. If multiple WICs were installed
+      it would create duplicate port names.
+    * Update the snapshot system based upon GNS3v1 snapshot system
+
 0.4.0   Daniel Lintott  <daniel@serverb.co.uk>
 
     * Implement support for converting QEMU Based Devices (Qemu VM, ASA, PIX,
diff --git a/docs/conf.py b/docs/conf.py
index 7ea966d..0df6f5f 100644
--- a/docs/conf.py
+++ b/docs/conf.py
@@ -55,9 +55,9 @@
 # built documents.
 #
 # The short X.Y version.
-version = '0.4'
+version = '0.5'
 # The full version, including alpha/beta/rc tags.
-release = '0.4.1.dev1'
+release = '0.5.0'
 
 # The language for content autogenerated by Sphinx. Refer to documentation
 # for a list of supported languages.
diff --git a/gns3converter/__init__.py b/gns3converter/__init__.py
index 4e46dd7..e76ed1e 100644
--- a/gns3converter/__init__.py
+++ b/gns3converter/__init__.py
@@ -12,4 +12,4 @@
 #
 # You should have received a copy of the GNU General Public License
 # along with this program. If not, see <http://www.gnu.org/licenses/>.
-__version__ = '0.4.1.dev1'
+__version__ = '0.5.0'
diff --git a/tests/test_version.py b/tests/test_version.py
index 2d89d95..5c2f530 100644
--- a/tests/test_version.py
+++ b/tests/test_version.py
@@ -4,7 +4,7 @@
 
 class TestVersion(unittest.TestCase):
     def test_version(self):
-        self.assertEqual('0.4.1.dev1', gns3converter.__version__)
+        self.assertEqual('0.5.0', gns3converter.__version__)
 
 if __name__ == '__main__':
     unittest.main()