diff --git a/CHANGELOG.md b/CHANGELOG.md
index cea5b59e..c1f21da7 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -5,9 +5,10 @@ The format is based on [Keep a Changelog](https://keepachangelog.com/en/1.0.0/),
 and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0.html).
 
 ## [Unreleased]
+## [0.5.0] - 2022-09-06
 ### Added
-- Provide functionality to disable Public Client Authentication using an environment variable `AZUREAUTH_NO_USER`.
-- Added `--timeout` functionality to provide reliable contract of allowed runtime (default: 10 minutes) and warnings as the timeout approaches.
+- Added functionality to disable Public Client Authentication using an environment variable `AZUREAUTH_NO_USER`.
+- Added `--timeout` functionality to provide reliable contract of allowed runtime (default: 15 minutes) and warnings as the timeout approaches.
 
 ### Fixed
 - Fixed a bug where broker auth prompt is hanging in the background and gives a false impression to the user that the console app is hung.
@@ -65,7 +66,8 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 ### Added
 - Initial project release.
 
-[Unreleased]: https://github.com/AzureAD/microsoft-authentication-cli/compare/0.4.0...HEAD
+[Unreleased]: https://github.com/AzureAD/microsoft-authentication-cli/compare/0.5.0...HEAD
+[0.5.0]: https://github.com/AzureAD/microsoft-authentication-cli/compare/0.4.0...0.5.0
 [0.4.0]: https://github.com/AzureAD/microsoft-authentication-cli/compare/0.3.1...0.4.0
 [0.3.1]: https://github.com/AzureAD/microsoft-authentication-cli/compare/v0.3.0...0.3.1
 [v0.3.0]: https://github.com/AzureAD/microsoft-authentication-cli/compare/v0.2.0...v0.3.0