diff --git a/CHANGELOG.md b/CHANGELOG.md
index 062557901..3dfb31177 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -7,6 +7,34 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 ## [Unreleased]
 
+## [0.0.5] - 2024-01-10
+
+### Added
+
+- Add alpha version of build variant command ([#119], [#108], [#106], [#105], [#97])
+
+### Changed
+
+- Provide better error messages for some filesystem operations ([#129])
+- Deprecate the use of Release.toml ([#126], [#112])
+- Install twoliter tools into a fixed directory ([#102])
+- Update dependencies ([#125], [#98], [#93])
+- Fix a bug that prevented use of a log level argument with testsys ([#92])
+
+[#92]: https://github.com/bottlerocket-os/twoliter/pull/92
+[#93]: https://github.com/bottlerocket-os/twoliter/pull/93
+[#97]: https://github.com/bottlerocket-os/twoliter/pull/97
+[#98]: https://github.com/bottlerocket-os/twoliter/pull/98
+[#102]: https://github.com/bottlerocket-os/twoliter/pull/102
+[#105]: https://github.com/bottlerocket-os/twoliter/pull/105
+[#106]: https://github.com/bottlerocket-os/twoliter/pull/106
+[#108]: https://github.com/bottlerocket-os/twoliter/pull/108
+[#112]: https://github.com/bottlerocket-os/twoliter/pull/112
+[#119]: https://github.com/bottlerocket-os/twoliter/pull/119
+[#125]: https://github.com/bottlerocket-os/twoliter/pull/125
+[#126]: https://github.com/bottlerocket-os/twoliter/pull/126
+[#129]: https://github.com/bottlerocket-os/twoliter/pull/129
+
 ## [0.0.4] - 2023-10-04
 
 ### Added
@@ -59,7 +87,8 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
   Bottlerocket's `cargo make` build system.
 - `Makefile.toml` taken from the Bottlerocket project.
 
-[unreleased]: https://github.com/bottlerocket-os/twoliter/compare/v0.0.4...HEAD
+[unreleased]: https://github.com/bottlerocket-os/twoliter/compare/v0.0.5...HEAD
+[0.0.5]: https://github.com/bottlerocket-os/twoliter/compare/v0.0.4...v0.0.5
 [0.0.4]: https://github.com/bottlerocket-os/twoliter/compare/v0.0.3...v0.0.4
 [0.0.3]: https://github.com/bottlerocket-os/twoliter/compare/v0.0.2...v0.0.3
 [0.0.2]: https://github.com/bottlerocket-os/twoliter/compare/v0.0.1...v0.0.2
diff --git a/Cargo.lock b/Cargo.lock
index 06f6229f6..7b3f8b982 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -4038,7 +4038,7 @@ dependencies = [
 
 [[package]]
 name = "twoliter"
-version = "0.0.4"
+version = "0.0.5"
 dependencies = [
  "anyhow",
  "async-recursion",
diff --git a/twoliter/Cargo.toml b/twoliter/Cargo.toml
index 91f23616c..ddb5b30d2 100644
--- a/twoliter/Cargo.toml
+++ b/twoliter/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "twoliter"
-version = "0.0.4"
+version = "0.0.5"
 edition = "2021"
 description = "A command line tool for creating custom builds of Bottlerocket"
 authors = ["Matthew James Briggs <brigmatt@amazon.com>"]