diff --git a/CHANGES.md b/CHANGES.md
index 3387f89..a28dbbc 100644
--- a/CHANGES.md
+++ b/CHANGES.md
@@ -1,6 +1,6 @@
 # Change Log
 
-## [0.5] - TBA
+## [0.5] - 2016-07-02
 
 ### Regressions
 
diff --git a/setup.py b/setup.py
index 8e7c05f..4bb9d40 100644
--- a/setup.py
+++ b/setup.py
@@ -32,10 +32,8 @@
 except:
     long_desc = ''
 
-package_version = '1'
-
 setup(name='jottalib',
-      version='%s-%s' % (__version__, package_version),
+      version=__version__,
       license='GPLv3',
       description='A library and tools to access the JottaCloud API',
       long_description=long_desc,
diff --git a/src/jottalib/__init__.py b/src/jottalib/__init__.py
index eb22f17..d7f446d 100644
--- a/src/jottalib/__init__.py
+++ b/src/jottalib/__init__.py
@@ -1 +1 @@
-__version__='0.5.0rc1'
+__version__='0.5.0'