diff --git a/Cargo.lock b/Cargo.lock
index f2d26afe..c582c9ea 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -1671,7 +1671,7 @@ checksum = "9c8d87e72b64a3b4db28d11ce29237c246188f4f51057d65a7eab63b7987e423"
 
 [[package]]
 name = "wasm-shim"
-version = "0.5.0-dev"
+version = "0.5.0"
 dependencies = [
  "cel-interpreter",
  "cel-parser",
diff --git a/Cargo.toml b/Cargo.toml
index 941b0e61..b3b8e6aa 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "wasm-shim"
-version = "0.5.0-dev"
+version = "0.5.0"
 edition = "2021"
 authors = ["Alex Snaps <asnaps@redhat.com>", "Eguzki Astiz Lezaun <eguzki@redhat.com>", "Rahul Anand <rahulanand16nov@gmail.com>"]
 description = "Wasm module connecting envoy and authorino/limitador"