diff --git a/.changes/1.20.5.json b/.changes/1.20.5.json
new file mode 100644
index 0000000000..e5132417cc
--- /dev/null
+++ b/.changes/1.20.5.json
@@ -0,0 +1,27 @@
+[
+  {
+    "category": "``ec2``",
+    "description": "[``botocore``] C6i instances are powered by a third-generation Intel Xeon Scalable processor (Ice Lake) delivering all-core turbo frequency of 3.5 GHz. G5 instances feature up to 8 NVIDIA A10G Tensor Core GPUs and second generation AMD EPYC processors.",
+    "type": "api-change"
+  },
+  {
+    "category": "``ssm``",
+    "description": "[``botocore``] This Patch Manager release supports creating Patch Baselines for RaspberryPi OS (formerly Raspbian)",
+    "type": "api-change"
+  },
+  {
+    "category": "``devops-guru``",
+    "description": "[``botocore``] Add support for cross account APIs.",
+    "type": "api-change"
+  },
+  {
+    "category": "``connect``",
+    "description": "[``botocore``] This release adds APIs for creating and managing scheduled tasks. Additionally, adds APIs to describe and update a contact and list associated references.",
+    "type": "api-change"
+  },
+  {
+    "category": "``mediaconvert``",
+    "description": "[``botocore``] AWS Elemental MediaConvert SDK has added automatic modes for GOP configuration and added the ability to ingest screen recordings generated by Safari on MacOS 12 Monterey.",
+    "type": "api-change"
+  }
+]
\ No newline at end of file
diff --git a/CHANGELOG.rst b/CHANGELOG.rst
index 353c6f7b6a..882c9175c1 100644
--- a/CHANGELOG.rst
+++ b/CHANGELOG.rst
@@ -2,6 +2,16 @@
 CHANGELOG
 =========
 
+1.20.5
+======
+
+* api-change:``ec2``: [``botocore``] C6i instances are powered by a third-generation Intel Xeon Scalable processor (Ice Lake) delivering all-core turbo frequency of 3.5 GHz. G5 instances feature up to 8 NVIDIA A10G Tensor Core GPUs and second generation AMD EPYC processors.
+* api-change:``ssm``: [``botocore``] This Patch Manager release supports creating Patch Baselines for RaspberryPi OS (formerly Raspbian)
+* api-change:``devops-guru``: [``botocore``] Add support for cross account APIs.
+* api-change:``connect``: [``botocore``] This release adds APIs for creating and managing scheduled tasks. Additionally, adds APIs to describe and update a contact and list associated references.
+* api-change:``mediaconvert``: [``botocore``] AWS Elemental MediaConvert SDK has added automatic modes for GOP configuration and added the ability to ingest screen recordings generated by Safari on MacOS 12 Monterey.
+
+
 1.20.4
 ======
 
diff --git a/boto3/__init__.py b/boto3/__init__.py
index a18de9b0f2..3a894322f4 100644
--- a/boto3/__init__.py
+++ b/boto3/__init__.py
@@ -18,7 +18,7 @@
 
 
 __author__ = 'Amazon Web Services'
-__version__ = '1.20.4'
+__version__ = '1.20.5'
 
 
 # The default Boto3 session; autoloaded when needed.
diff --git a/setup.cfg b/setup.cfg
index 3a37d992ad..efcec6998e 100644
--- a/setup.cfg
+++ b/setup.cfg
@@ -3,7 +3,7 @@ universal = 0
 
 [metadata]
 requires_dist =
-    botocore>=1.23.4,<1.24.0
+    botocore>=1.23.5,<1.24.0
     jmespath>=0.7.1,<1.0.0
     s3transfer>=0.5.0,<0.6.0
 
diff --git a/setup.py b/setup.py
index 2c7858c831..51eae83fe0 100644
--- a/setup.py
+++ b/setup.py
@@ -13,7 +13,7 @@
 
 
 requires = [
-    'botocore>=1.23.4,<1.24.0',
+    'botocore>=1.23.5,<1.24.0',
     'jmespath>=0.7.1,<1.0.0',
     's3transfer>=0.5.0,<0.6.0'
 ]