diff --git a/CHANGELOG.md b/CHANGELOG.md
index bde9893c8..290a3f0c8 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,10 @@
+# [0.5.0](https://github.com/IBM/openapi-validator/compare/v0.4.0...v0.5.0) (2019-05-16)
+
+
+### Features
+
+* **new-validation:** flag descriptions sibling to `$ref` if identical to referenced description ([91178cf](https://github.com/IBM/openapi-validator/commit/91178cf))
+
 # [0.4.0](https://github.com/IBM/openapi-validator/compare/v0.3.1...v0.4.0) (2019-05-14)
 
 
diff --git a/package-lock.json b/package-lock.json
index 35834927d..00e0b41e2 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -1,6 +1,6 @@
 {
   "name": "ibm-openapi-validator",
-  "version": "0.4.0",
+  "version": "0.5.0",
   "lockfileVersion": 1,
   "requires": true,
   "dependencies": {
diff --git a/package.json b/package.json
index 920cbf2aa..b8ec1aa29 100644
--- a/package.json
+++ b/package.json
@@ -1,7 +1,7 @@
 {
   "name": "ibm-openapi-validator",
   "description": "Configurable and extensible validator/linter for OpenAPI documents",
-  "version": "0.4.0",
+  "version": "0.5.0",
   "main": "src/lib/index.js",
   "repository": "https://github.com/IBM/openapi-validator",
   "license": "Apache-2.0",