diff --git a/README.md b/README.md
index fe3b0c56d..e48f53982 100644
--- a/README.md
+++ b/README.md
@@ -18,6 +18,8 @@ This distribution contains:
 Version Notes:
 ==============
 
+- 5.0.2:
+  - Bug fixes and minor updates (see https://github.com/nasa/osal/pull/281)
 - 5.0.1:
   - Minor updates (see https://github.com/nasa/osal/pull/264)
 - 5.0.0: RELEASE CANDIDATE
diff --git a/src/os/inc/osapi-version.h b/src/os/inc/osapi-version.h
index b875151d5..57b81f695 100644
--- a/src/os/inc/osapi-version.h
+++ b/src/os/inc/osapi-version.h
@@ -20,7 +20,7 @@
 
 #define OS_MAJOR_VERSION 5
 #define OS_MINOR_VERSION 0
-#define OS_REVISION      1
+#define OS_REVISION      2
 #define OS_MISSION_REV   0
 
 /**