diff --git a/CITATION.cff b/CITATION.cff
index 17cb1a2..d96ea4f 100644
--- a/CITATION.cff
+++ b/CITATION.cff
@@ -1,7 +1,7 @@
 cff-version: 1.2.0
 title: emsarray
-version: 0.4.3
-date-released: 2023-06-27
+version: 0.5.0
+date-released: 2023-08-28
 type: software
 authors:
   - given-names: Tim
diff --git a/docs/releases/development.rst b/docs/releases/0.5.0.rst
similarity index 91%
rename from docs/releases/development.rst
rename to docs/releases/0.5.0.rst
index 0e4eed4..2e09f18 100644
--- a/docs/releases/development.rst
+++ b/docs/releases/0.5.0.rst
@@ -1,6 +1,8 @@
-=============================
-Next release (in development)
-=============================
+=====
+0.5.0
+=====
+
+Released on 2023-08-28
 
 * Add `missing_points` parameter
   to :func:`emsarray.operations.point_extraction.extract_points`
diff --git a/docs/releases/index.rst b/docs/releases/index.rst
index 6422c13..4912597 100644
--- a/docs/releases/index.rst
+++ b/docs/releases/index.rst
@@ -4,7 +4,7 @@ Release notes
 
 .. toctree::
 
-   development
+   0.5.0
    0.4.3
    0.4.2
    0.4.1
diff --git a/setup.cfg b/setup.cfg
index 68b6a56..cde2f56 100644
--- a/setup.cfg
+++ b/setup.cfg
@@ -1,7 +1,7 @@
 [metadata]
 name = emsarray
 description = xarray extension that supports multiple geometry conventions
-version = 0.4.3
+version = 0.5.0
 long_description = file: README.md
 long_description_content_type = text/markdown
 author = "Coastal Environmental Modelling team, Oceans and Atmosphere, CSIRO"
@@ -11,7 +11,7 @@ python_requires = ">=3.9"
 
 project_urls =
 	Documentation = https://emsarray.readthedocs.io/
-	Release notes = https://emsarray.readthedocs.io/en/stable/releases/0.4.3/
+	Release notes = https://emsarray.readthedocs.io/en/stable/releases/0.5.0/
 	Source = https://github.com/csiro-coasts/emsarray/
 
 [options]