diff --git a/CHANGES.rst b/CHANGES.rst
index e5bbc790d15..9a33a67b9ac 100644
--- a/CHANGES.rst
+++ b/CHANGES.rst
@@ -2,7 +2,7 @@
 Changelog (Pillow)
 ==================
 
-5.0.0 (unreleased)
+5.0.0 (2018-01-01)
 ------------------
 
 - Docs: Added docstrings from documentation #2914
diff --git a/src/PIL/version.py b/src/PIL/version.py
index b89052c730d..f8f2a9841ff 100644
--- a/src/PIL/version.py
+++ b/src/PIL/version.py
@@ -1,2 +1,2 @@
 # Master version for Pillow
-__version__ = '5.0.0.dev0'
+__version__ = '5.0.0'