diff --git a/CMakeLists.txt b/CMakeLists.txt
index 8c55ef9..7d4dfb1 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -4,7 +4,7 @@
 
 cmake_minimum_required(VERSION 3.8)
 
-project(sdbus-c++ VERSION 0.4.3 LANGUAGES C CXX)
+project(sdbus-c++ VERSION 0.5.0 LANGUAGES C CXX)
 
 include(GNUInstallDirs) # Installation directories for `install` command and pkgconfig file
 
diff --git a/ChangeLog b/ChangeLog
index 155631c..3460e4d 100644
--- a/ChangeLog
+++ b/ChangeLog
@@ -51,3 +51,10 @@ v0.4.3
 - Add another abstraction layer for sd-bus to improve isolation for unit testing
 - Minor code improvements for consistency and clarity
 - Not-existing interface name and object path fixes in integration tests
+
+v0.5.0
+- Redesign of the Connection model for scalability, thread-safety, simplicity and clarity
+- Introduce support asynchronous invocation of D-Bus methods on client-side
+- Revise and extend sdbus-c++ tutorial
+- Introduce stress tests that involve a D-Bus server and client interacting in dense communication in both sync and async ways
+- Compilation error fixes for older gcc versions