diff --git a/CMakeLists.txt b/CMakeLists.txt
index fac9c1a..e1be366 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -1,7 +1,7 @@
 cmake_minimum_required(VERSION 2.8)
 
 # Grive version. remember to update it for every new release!
-set( GRIVE_VERSION "0.5-pre" )
+set( GRIVE_VERSION "0.5" )
 
 # common compile options
 add_definitions( -DVERSION="${GRIVE_VERSION}" )
diff --git a/README.md b/README.md
index 0800e0c..08f0735 100644
--- a/README.md
+++ b/README.md
@@ -1,6 +1,6 @@
-# Grive2 0.5-dev
+# Grive2 0.5
 
-3 Jan 2016, Vitaliy Filippov
+14 Jan 2016, Vitaliy Filippov
 
 http://yourcmc.ru/wiki/Grive2
 
@@ -16,7 +16,7 @@ directory named .trash or put them in the Google Drive trash. You can always rec
 
 There are a few things that Grive does not do at the moment:
 - continously wait for changes in file system or in Google Drive to occur and upload.
-  A sync is only performed when you run Grive, and it calculates checksums for all files every time.
+  A sync is only performed when you run Grive.
 - symbolic links support.
 - support for Google documents.
 
@@ -70,13 +70,14 @@ Enjoy!
 
 ## Version History
 
-### Grive2 v0.5 (unreleased)
+### Grive2 v0.5
 
 - Much faster and more correct synchronisation using local modification time and checksum cache (similar to git index)
 - Automatic move/rename detection, -m option removed
 - force option works again
 - Instead of crashing on sync exceptions Grive will give a warning and attempt to sync failed files again during the next run.
 - Revision support works again. Grive 0.4.x always created new revisions for all files during sync, regardless of the absence of the --new-rev option.
+- Shared files now sync correctly
 
 ### Grive2 v0.4.2
 
diff --git a/debian/changelog b/debian/changelog
index 39d29bd..ff76816 100644
--- a/debian/changelog
+++ b/debian/changelog
@@ -1,4 +1,4 @@
-grive2 (0.5+git20160103) unstable; urgency=medium
+grive2 (0.5+git20160114) unstable; urgency=medium
 
   * Newer release, with support for faster sync and rename detection