diff --git a/CHANGELOG.md b/CHANGELOG.md
index f64ad074..0ef626a1 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -5,36 +5,23 @@ All notable changes to this project will be documented in this file.
 The format is based on [Keep a Changelog](https://keepachangelog.com/en/1.0.0/),
 and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0.html).
 
-## [Unreleased] - YYYY-MM-DD
+## [0.5.0] - 2022-12-21
 
 ### Added
 
 - Added method to lazily import modules ([#71](https://github.com/Lightning-AI/utilities/pull/71))
-
-
 - Added `requires` wrapper ([#70](https://github.com/Lightning-AI/utilities/pull/70))
-
-
 - Added several functions/class common to package's `__all__` ([#76](https://github.com/Lightning-AI/utilities/pull/76))
 
 
 ### Changed
 
 - CI: extended package install check ([#76](https://github.com/Lightning-AI/utilities/pull/76))
-
-
 - Allowed `StrEnum.from_str` by values ([#77](https://github.com/Lightning-AI/utilities/pull/77))
 
-
-### Removed
-
-### Deprecated
-
 ### Fixed
 
 - Fixed requirements parsing ([#69](https://github.com/Lightning-AI/utilities/pull/69))
-
-
 - Fixed missing `packaging` dependency ([#76](https://github.com/Lightning-AI/utilities/pull/76))