diff --git a/version/version.go b/version/version.go
index 785c72445..e9bd7d419 100644
--- a/version/version.go
+++ b/version/version.go
@@ -4,7 +4,7 @@ import (
 	"github.com/coreos/fleet/third_party/github.com/coreos/go-semver/semver"
 )
 
-const Version = "0.5.0-rc.2"
+const Version = "0.5.0"
 
 var SemVersion semver.Version