diff --git a/CHANGELOG.md b/CHANGELOG.md
index 876d49bd..34760b35 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -4,6 +4,15 @@ 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/).
 
+## 0.5.0 (August 26th, 2021)
+
+### Added
+* Support SQLAlchemy 1.4 (#299)
+
+### Fixed
+
+* Fix concurrent transactions (#328)
+
 ## 0.4.3 (March 26th, 2021)
 
 ### Fixed
diff --git a/databases/__init__.py b/databases/__init__.py
index 0edd4555..98ae2dee 100644
--- a/databases/__init__.py
+++ b/databases/__init__.py
@@ -1,4 +1,4 @@
 from databases.core import Database, DatabaseURL
 
-__version__ = "0.4.3"
+__version__ = "0.5.0"
 __all__ = ["Database", "DatabaseURL"]