diff --git a/CHANGELOG.md b/CHANGELOG.md
index 56f59db..fa69ff8 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,10 @@
+# v0.5.0
+
+## Features
+* feat(GROW-2540): support integration folder customization for inclusion/exclusion (#22) (Matt Cadorette)([a39a097](https://github.com/lacework/terraform-gcp-pub-sub-audit-log/commit/a39a097bee10a64ff620093277c051b376b8ab1d))
+## Other Changes
+* ci: version bump to v0.4.3-dev (Lacework)([933ce4c](https://github.com/lacework/terraform-gcp-pub-sub-audit-log/commit/933ce4c4dab10e356851d5acb828124cbac89e84))
+---
 # v0.4.2
 
 ## Other Changes
diff --git a/RELEASE_NOTES.md b/RELEASE_NOTES.md
index 1fc2169..007510a 100644
--- a/RELEASE_NOTES.md
+++ b/RELEASE_NOTES.md
@@ -1,6 +1,7 @@
 # Release Notes
-Another day, another release. These are the release notes for the version `v0.4.2`.
+Another day, another release. These are the release notes for the version `v0.5.0`.
 
+## Features
+* feat(GROW-2540): support integration folder customization for inclusion/exclusion (#22) (Matt Cadorette)([a39a097](https://github.com/lacework/terraform-gcp-pub-sub-audit-log/commit/a39a097bee10a64ff620093277c051b376b8ab1d))
 ## Other Changes
-* chore: set local var module name (#20) (Darren)([889a711](https://github.com/lacework/terraform-gcp-pub-sub-audit-log/commit/889a7116a41ce1be088dc76036f8e8c262431a32))
-* ci: version bump to v0.4.2-dev (Lacework)([b817c74](https://github.com/lacework/terraform-gcp-pub-sub-audit-log/commit/b817c740a23c6f9ab0300a6cee50fe5223ca05e1))
+* ci: version bump to v0.4.3-dev (Lacework)([933ce4c](https://github.com/lacework/terraform-gcp-pub-sub-audit-log/commit/933ce4c4dab10e356851d5acb828124cbac89e84))
diff --git a/VERSION b/VERSION
index 99b529d..79a2734 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-0.4.3-dev
\ No newline at end of file
+0.5.0
\ No newline at end of file