diff --git a/CHANGELOG.md b/CHANGELOG.md
index 52860b7f..944e0928 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,12 @@
 # Changelog
 
+## 0.5.0 - (2021-02-23)
+
+- This is the final release on the 0.x.x
+- Added ability to assign a default category in SssomTransformer when the incoming category is invalid
+- Added the ability to generate different types of graph summary reports
+
+
 ## 0.4.0 - (2021-02-08)
 
 - Fixed a bug in NtTransformer when parsing malformed triples
diff --git a/Dockerfile b/Dockerfile
index d3107cd1..a96576e2 100644
--- a/Dockerfile
+++ b/Dockerfile
@@ -5,7 +5,7 @@ MAINTAINER  Deepak Unni "deepak.unni3@gmail.com"
 RUN git clone https://github.com/NCATS-Tangerine/kgx
 
 # Setup
-RUN cd kgx && git checkout tags/0.4.0 && pip install -r requirements.txt && python setup.py install
+RUN cd kgx && git checkout tags/0.5.0 && pip install -r requirements.txt && python setup.py install
 
 # Make data directory
 RUN mkdir data
diff --git a/kgx/__init__.py b/kgx/__init__.py
index 05de1336..b16d5feb 100644
--- a/kgx/__init__.py
+++ b/kgx/__init__.py
@@ -11,5 +11,5 @@
 from kgx.prefix_manager import PrefixManager
 from kgx.config import get_config
 
-__version__ = '0.4.0'
+__version__ = '0.5.0'
 
diff --git a/setup.py b/setup.py
index d52c9c8a..c51c2d26 100644
--- a/setup.py
+++ b/setup.py
@@ -6,7 +6,7 @@
 AUTHOR = 'Deepak Unni'
 EMAIL = 'deepak.unni3@gmail.com'
 REQUIRES_PYTHON = '>=3.7.0'
-VERSION = '0.4.0'
+VERSION = '0.5.0'
 LICENSE = 'BSD'
 
 with open("requirements.txt", "r") as FH: