diff --git a/CHANGELOG.md b/CHANGELOG.md
index 5c0b3a1..cc16f76 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,5 @@
-v0.5.0 (in development)
------------------------
+v0.5.0 (2023-10-09)
+-------------------
 - Support Python 3.10, 3.11, and 3.12
 - Drop support for Python 3.6
 - Require Click >= 8.0
diff --git a/LICENSE b/LICENSE
index b68b39d..80b7bc1 100644
--- a/LICENSE
+++ b/LICENSE
@@ -1,6 +1,6 @@
 The MIT License (MIT)
 
-Copyright (c) 2021 John Thorvald Wodder II
+Copyright (c) 2021-2023 John Thorvald Wodder II
 
 Permission is hereby granted, free of charge, to any person obtaining a copy
 of this software and associated documentation files (the "Software"), to deal
diff --git a/src/click_loglevel/__init__.py b/src/click_loglevel/__init__.py
index 4221ca1..7d8b788 100644
--- a/src/click_loglevel/__init__.py
+++ b/src/click_loglevel/__init__.py
@@ -22,7 +22,7 @@
 import click
 from click.shell_completion import CompletionItem
 
-__version__ = "0.5.0.dev1"
+__version__ = "0.5.0"
 __author__ = "John Thorvald Wodder II"
 __author_email__ = "click-loglevel@varonathe.org"
 __license__ = "MIT"