diff --git a/Cargo.lock b/Cargo.lock
index 2ac64f2..0817c39 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -330,7 +330,7 @@ dependencies = [
 
 [[package]]
 name = "shardtree"
-version = "0.4.0"
+version = "0.5.0"
 dependencies = [
  "assert_matches",
  "bitflags 2.4.1",
diff --git a/shardtree/CHANGELOG.md b/shardtree/CHANGELOG.md
index c9bf9a1..33d77eb 100644
--- a/shardtree/CHANGELOG.md
+++ b/shardtree/CHANGELOG.md
@@ -7,6 +7,8 @@ and this project adheres to Rust's notion of
 
 ## Unreleased
 
+## [0.5.0] - 2024-10-04
+
 This release includes a significant refactoring and rework of several methods
 of the `shardtree::ShardTree` type and the `shardtree::store::ShardStore`
 trait. Please read the notes for this release carefully as the semantics of
diff --git a/shardtree/Cargo.toml b/shardtree/Cargo.toml
index 929e1c1..3dda594 100644
--- a/shardtree/Cargo.toml
+++ b/shardtree/Cargo.toml
@@ -1,7 +1,7 @@
 [package]
 name = "shardtree"
 description = "A space-efficient Merkle tree with witnessing of marked leaves, checkpointing & state restoration."
-version = "0.4.0"
+version = "0.5.0"
 authors = [
     "Kris Nuttycombe <kris@nutty.land>",
 ]