diff --git a/CHANGELOG b/CHANGELOG
index 5e4128e85..a0250e3aa 100644
--- a/CHANGELOG
+++ b/CHANGELOG
@@ -1,3 +1,6 @@
+v5.0.1
+  - Update rails to 4.0.5
+
 v5.0.0
   - Set build timeout in minutes
   - Web Hooks for builds
diff --git a/VERSION b/VERSION
index 0062ac971..6b244dcd6 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-5.0.0
+5.0.1