diff --git a/Audiograph.podspec b/Audiograph.podspec
index ff626e6..31e0999 100644
--- a/Audiograph.podspec
+++ b/Audiograph.podspec
@@ -8,7 +8,7 @@
 
 Pod::Spec.new do |s|
   s.name             = 'Audiograph'
-  s.version          = '0.4.0'
+  s.version          = '0.5.0'
   s.summary          = 'Audio-Feedback on Charts for visually impaired Users'
 
 # This description is used to generate tags and improve search results.
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 1bfa174..d17616e 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -3,6 +3,8 @@ All notable changes to this project will be documented in this file.
 Audiograph adheres to [Semantic Versioning](http://semver.org/).
 
 ## Next Release:
+
+## 0.5.0 (26.04.2020):
 - Covered edge case where the input data does not contain enough distint y-coordinates and a steady line is played.
 - Completion Utterance is now only read once, even though the autiograph was started multiple times.
 - Setting diagnostics output to false by default.
diff --git a/iOS Example/iOS Example.xcodeproj/project.pbxproj b/iOS Example/iOS Example.xcodeproj/project.pbxproj
index b0ff3c4..3e5f25d 100644
--- a/iOS Example/iOS Example.xcodeproj/project.pbxproj	
+++ b/iOS Example/iOS Example.xcodeproj/project.pbxproj	
@@ -347,7 +347,7 @@
 					"$(inherited)",
 					"@executable_path/Frameworks",
 				);
-				MARKETING_VERSION = 0.4.0;
+				MARKETING_VERSION = 0.5.0;
 				PRODUCT_BUNDLE_IDENTIFIER = "de.anerma.iOS-Example";
 				PRODUCT_NAME = "Audiograph Test";
 				SWIFT_VERSION = 5.0;
@@ -366,7 +366,7 @@
 					"$(inherited)",
 					"@executable_path/Frameworks",
 				);
-				MARKETING_VERSION = 0.4.0;
+				MARKETING_VERSION = 0.5.0;
 				PRODUCT_BUNDLE_IDENTIFIER = "de.anerma.iOS-Example";
 				PRODUCT_NAME = "Audiograph Test";
 				SWIFT_VERSION = 5.0;