diff --git a/lib/bake/gem/github/version.rb b/lib/bake/gem/github/version.rb
index 76fad7a..a353600 100644
--- a/lib/bake/gem/github/version.rb
+++ b/lib/bake/gem/github/version.rb
@@ -9,7 +9,7 @@ module Bake
 	module Gem
 		# GitHub pull request and release orchestration for bake-gem.
 		module GitHub
-			VERSION = "0.4.0"
+			VERSION = "0.5.0"
 		end
 	end
 end
diff --git a/readme.md b/readme.md
index 234dd6f..9ad08ad 100644
--- a/readme.md
+++ b/readme.md
@@ -24,7 +24,7 @@ Please see the [project documentation](https://socketry.github.io/bake-gem-githu
 
 Please see the [project releases](https://socketry.github.io/bake-gem-github/releases/index) for all releases.
 
-### Unreleased
+### v0.5.0
 
   - Support rebase merging by requiring each release PR to contain exactly one commit, while leaving ordinary PRs unrestricted. Generated rules allow merge, squash, and rebase methods according to repository settings.
 
diff --git a/releases.md b/releases.md
index 9da4293..77a7416 100644
--- a/releases.md
+++ b/releases.md
@@ -1,6 +1,6 @@
 # Releases
 
-## Unreleased
+## v0.5.0
 
   - Support rebase merging by requiring each release PR to contain exactly one commit, while leaving ordinary PRs unrestricted. Generated rules allow merge, squash, and rebase methods according to repository settings.