diff --git a/gradle.properties b/gradle.properties
index 77728b6..d0ec4d8 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -1,6 +1,6 @@
 org.gradle.caching=true
 group=io.ballerina.stdlib
-version=0.5.0-SNAPSHOT
+version=0.5.0
 
 checkstylePluginVersion=10.12.0
 spotbugsPluginVersion=5.0.14