diff --git a/CHANGELOG.md b/CHANGELOG.md
index 8c93d42..e1828d3 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,8 @@ Changelog for the gruf-rspec gem.
 
 ### Pending release
 
+### 0.5.0
+
 - Add support for Ruby 3.1
 - Drop support for Ruby 2.6
 
diff --git a/lib/gruf/rspec/version.rb b/lib/gruf/rspec/version.rb
index 61d9c3e..8675e9d 100644
--- a/lib/gruf/rspec/version.rb
+++ b/lib/gruf/rspec/version.rb
@@ -17,6 +17,6 @@
 #
 module Gruf
   module Rspec
-    VERSION = '0.4.1.pre'
+    VERSION = '0.5.0'
   end
 end