diff --git a/CHANGELOG.md b/CHANGELOG.md
index fca9bd1c..60a2bb40 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -6,6 +6,8 @@ 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] - 2023-06-06
 ### Changed
 - *BREAKING:* partiql-eval: `evaluate` on `Evaluable` returns a `Value` rather than an `Option<Value>`
 - *BREAKING:* partiql-ast: changes the modeling of Bag/List/Tuple literals
@@ -147,7 +149,8 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 - PartiQL Playground proof of concept (POC)
 - PartiQL CLI with REPL and query visualization features
 
-[Unreleased]: https://github.com/partiql/partiql-lang-rust/compare/v0.4.1...HEAD
+[Unreleased]: https://github.com/partiql/partiql-lang-rust/compare/v0.5.0...HEAD
+[0.5.0]: https://github.com/partiql/partiql-lang-rust/releases/tag/v0.5.0
 [0.4.1]: https://github.com/partiql/partiql-lang-rust/releases/tag/v0.4.1
 [0.4.0]: https://github.com/partiql/partiql-lang-rust/releases/tag/v0.4.0
 [0.3.0]: https://github.com/partiql/partiql-lang-rust/releases/tag/v0.3.0
diff --git a/Cargo.toml b/Cargo.toml
index 55776988..783911e9 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -2,7 +2,7 @@
 authors = ["PartiQL Team <partiql-team@amazon.com>"]
 homepage = "https://github.com/partiql/partiql-lang-rust"
 repository = "https://github.com/partiql/partiql-lang-rust"
-version = "0.4.1"
+version = "0.5.0"
 edition = "2021"
 
 [workspace]
diff --git a/extension/partiql-extension-ion-functions/Cargo.toml b/extension/partiql-extension-ion-functions/Cargo.toml
index 48aa9e3c..2c318d22 100644
--- a/extension/partiql-extension-ion-functions/Cargo.toml
+++ b/extension/partiql-extension-ion-functions/Cargo.toml
@@ -21,10 +21,10 @@ edition.workspace = true
 bench = false
 
 [dependencies]
-partiql-extension-ion = {path = "../partiql-extension-ion", version = "0.4.*"}
-partiql-value = { path = "../../partiql-value", version = "0.4.*" }
-partiql-catalog = { path = "../../partiql-catalog", version = "0.4.*" }
-partiql-logical = { path = "../../partiql-logical", version = "0.4.*" }
+partiql-extension-ion = {path = "../partiql-extension-ion", version = "0.5.*" }
+partiql-value = { path = "../../partiql-value", version = "0.5.*" }
+partiql-catalog = { path = "../../partiql-catalog", version = "0.5.*" }
+partiql-logical = { path = "../../partiql-logical", version = "0.5.*" }
 
 ordered-float = "3.*"
 itertools = "0.10.*"
@@ -42,10 +42,10 @@ flate2 = "1.0"
 
 [dev-dependencies]
 criterion = "0.4"
-partiql-parser = { path = "../../partiql-parser", version = "0.4.*" }
-partiql-logical = { path = "../../partiql-logical", version = "0.4.*" }
-partiql-logical-planner = { path = "../../partiql-logical-planner", version = "0.4.*" }
-partiql-eval = { path = "../../partiql-eval", version = "0.4.*" }
+partiql-parser = { path = "../../partiql-parser", version = "0.5.*" }
+partiql-logical = { path = "../../partiql-logical", version = "0.5.*" }
+partiql-logical-planner = { path = "../../partiql-logical-planner", version = "0.5.*" }
+partiql-eval = { path = "../../partiql-eval", version = "0.5.*" }
 
 [features]
 default = []
diff --git a/extension/partiql-extension-ion/Cargo.toml b/extension/partiql-extension-ion/Cargo.toml
index 0ad9108f..d97177ba 100644
--- a/extension/partiql-extension-ion/Cargo.toml
+++ b/extension/partiql-extension-ion/Cargo.toml
@@ -21,7 +21,7 @@ edition.workspace = true
 bench = false
 
 [dependencies]
-partiql-value = { path = "../../partiql-value", version = "0.4.*" }
+partiql-value = { path = "../../partiql-value", version = "0.5.*" }
 ordered-float = "3.*"
 itertools = "0.10.*"
 unicase = "2.6"
diff --git a/partiql-ast/Cargo.toml b/partiql-ast/Cargo.toml
index 671c2915..d8503eea 100644
--- a/partiql-ast/Cargo.toml
+++ b/partiql-ast/Cargo.toml
@@ -38,4 +38,4 @@ serde = [
 
 [dependencies.partiql-ast-macros]
 path = "partiql-ast-macros"
-version = "0.4.*"
+version = "0.5.*"
diff --git a/partiql-catalog/Cargo.toml b/partiql-catalog/Cargo.toml
index d5d4ea4b..54b77903 100644
--- a/partiql-catalog/Cargo.toml
+++ b/partiql-catalog/Cargo.toml
@@ -21,9 +21,9 @@ edition.workspace = true
 bench = false
 
 [dependencies]
-partiql-value = { path = "../partiql-value", version = "0.4.*" }
-partiql-parser = { path = "../partiql-parser", version = "0.4.*" }
-partiql-logical = { path = "../partiql-logical", version = "0.4.*" }
+partiql-value = { path = "../partiql-value", version = "0.5.*" }
+partiql-parser = { path = "../partiql-parser", version = "0.5.*" }
+partiql-logical = { path = "../partiql-logical", version = "0.5.*" }
 thiserror = "1.0"
 ordered-float = "3.*"
 itertools = "0.10.*"
diff --git a/partiql-conformance-tests/Cargo.toml b/partiql-conformance-tests/Cargo.toml
index 0c6d6ba8..1024622d 100644
--- a/partiql-conformance-tests/Cargo.toml
+++ b/partiql-conformance-tests/Cargo.toml
@@ -29,17 +29,17 @@ bench = false
 
 [build-dependencies]
 miette = { version ="5.*", features = ["fancy"] }
-partiql-conformance-test-generator = { path = "../partiql-conformance-test-generator", version = "0.4.*" }
+partiql-conformance-test-generator = { path = "../partiql-conformance-test-generator", version = "0.5.*" }
 
 [dependencies]
-partiql-parser = { path = "../partiql-parser", version = "0.4.*" }
-partiql-catalog = { path = "../partiql-catalog", version = "0.4.*" }
-partiql-ast = { path = "../partiql-ast", version = "0.4.*" }
-partiql-logical-planner = { path = "../partiql-logical-planner", version = "0.4.*" }
-partiql-logical = { path = "../partiql-logical", version = "0.4.*" }
-partiql-value = { path = "../partiql-value", version = "0.4.*" }
-partiql-eval = { path = "../partiql-eval", version = "0.4.*" }
-partiql-extension-ion = {path = "../extension/partiql-extension-ion", version = "0.4.*" }
+partiql-parser = { path = "../partiql-parser", version = "0.5.*" }
+partiql-catalog = { path = "../partiql-catalog", version = "0.5.*" }
+partiql-ast = { path = "../partiql-ast", version = "0.5.*" }
+partiql-logical-planner = { path = "../partiql-logical-planner", version = "0.5.*" }
+partiql-logical = { path = "../partiql-logical", version = "0.5.*" }
+partiql-value = { path = "../partiql-value", version = "0.5.*" }
+partiql-eval = { path = "../partiql-eval", version = "0.5.*" }
+partiql-extension-ion = {path = "../extension/partiql-extension-ion", version = "0.5.*" }
 
 ion-rs = "0.17"
 
diff --git a/partiql-eval/Cargo.toml b/partiql-eval/Cargo.toml
index 2b83fba4..3897affa 100644
--- a/partiql-eval/Cargo.toml
+++ b/partiql-eval/Cargo.toml
@@ -21,9 +21,9 @@ edition.workspace = true
 bench = false
 
 [dependencies]
-partiql-logical = { path = "../partiql-logical", version = "0.4.*" }
-partiql-value = { path = "../partiql-value", version = "0.4.*" }
-partiql-catalog = { path = "../partiql-catalog", version = "0.4.*" }
+partiql-logical = { path = "../partiql-logical", version = "0.5.*" }
+partiql-value = { path = "../partiql-value", version = "0.5.*" }
+partiql-catalog = { path = "../partiql-catalog", version = "0.5.*" }
 petgraph = "0.6.*"
 ordered-float = "3.*"
 itertools = "0.10.*"
diff --git a/partiql-logical-planner/Cargo.toml b/partiql-logical-planner/Cargo.toml
index 51d5e106..8ad4a97b 100644
--- a/partiql-logical-planner/Cargo.toml
+++ b/partiql-logical-planner/Cargo.toml
@@ -21,12 +21,12 @@ edition.workspace = true
 bench = false
 
 [dependencies]
-partiql-value = { path = "../partiql-value", version = "0.4.*" }
-partiql-extension-ion = {path = "../extension/partiql-extension-ion", version = "0.4.*" }
-partiql-logical = { path = "../partiql-logical", version = "0.4.*" }
-partiql-ast = { path = "../partiql-ast", version = "0.4.*" }
-partiql-parser = { path = "../partiql-parser", version = "0.4.*" }
-partiql-catalog = { path = "../partiql-catalog", version = "0.4.*" }
+partiql-value = { path = "../partiql-value", version = "0.5.*" }
+partiql-extension-ion = {path = "../extension/partiql-extension-ion", version = "0.5.*" }
+partiql-logical = { path = "../partiql-logical", version = "0.5.*" }
+partiql-ast = { path = "../partiql-ast", version = "0.5.*" }
+partiql-parser = { path = "../partiql-parser", version = "0.5.*" }
+partiql-catalog = { path = "../partiql-catalog", version = "0.5.*" }
 ion-rs = "0.17"
 ordered-float = "3.*"
 itertools = "0.10.*"
@@ -40,4 +40,4 @@ once_cell = "1"
 thiserror = "1.0"
 
 [dev-dependencies]
-partiql-eval = { path = "../partiql-eval", version = "0.4.*" }
+partiql-eval = { path = "../partiql-eval", version = "0.5.*" }
diff --git a/partiql-logical/Cargo.toml b/partiql-logical/Cargo.toml
index f80405e2..64916822 100644
--- a/partiql-logical/Cargo.toml
+++ b/partiql-logical/Cargo.toml
@@ -21,7 +21,7 @@ edition.workspace = true
 bench = false
 
 [dependencies]
-partiql-value = { path = "../partiql-value", version = "0.4.*" }
+partiql-value = { path = "../partiql-value", version = "0.5.*" }
 ordered-float = "3.*"
 itertools = "0.10.*"
 unicase = "2.6"
diff --git a/partiql-parser/Cargo.toml b/partiql-parser/Cargo.toml
index 56676596..612d70a3 100644
--- a/partiql-parser/Cargo.toml
+++ b/partiql-parser/Cargo.toml
@@ -25,8 +25,8 @@ bench = false
 lalrpop = "0.20"
 
 [dependencies]
-partiql-ast = { path = "../partiql-ast", version = "0.4.*" }
-partiql-source-map = { path = "../partiql-source-map", version = "0.4.*" }
+partiql-ast = { path = "../partiql-ast", version = "0.5.*" }
+partiql-source-map = { path = "../partiql-source-map", version = "0.5.*" }
 
 thiserror = "1.0"