diff --git a/CHANGES.md b/CHANGES.md
index 81b2724..12be199 100644
--- a/CHANGES.md
+++ b/CHANGES.md
@@ -1,6 +1,8 @@
+# 0.5.0 / 2017-05-31
+
 **Breaking:** Now requires React >= 0.14.9.
 
-Changed: use `React.Component` and the prop-types module to avoid deprecation warnings [[#11](https://github.com/insin/react-filtered-multiselect/issues/11)] [[jarekwg](https://github.com/jarekwg )]
+Changed: use `React.Component` and the prop-types module to avoid deprecation warnings [[#11](https://github.com/insin/react-filtered-multiselect/issues/11)] [[jarekwg](https://github.com/jarekwg)]
 
 Changed: link to [unpkg](https://unpkg.com/) for UMD build distribution.
 
diff --git a/package.json b/package.json
index 1d05862..8c10dce 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "react-filtered-multiselect",
-  "version": "0.4.2",
+  "version": "0.5.0",
   "description": "Filtered multi-select React component",
   "main": "lib/index.js",
   "module": "es/index.js",