diff --git a/CHANGELOG.md b/CHANGELOG.md
index 738365d..77b1369 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,21 @@
 # Changelog
 	
+## v0.5.0 (02/06/2023)
+
+### Feature
+
+- The full cpds matrix is calculated only if requested to be output (``return_cpds=True``) by the ``predict`` method of ``ConformalPredictiveSystem`` or if the set of metrics include "CRPS" for the ``evaluate`` method. This allows large test and calibration sets to be handled without excessive use of memory in other cases. Thanks to @christopherjluke and @SebastianLeborg for highlighting and discussing the problem.
+
+### Fixes
+
+- Default values for mandatory arguments for the methods ``fit``, ``predict`` and ``evaluate`` methods of ``ConformalRegressor`` and ``ConformalPredictiveSystem``, as well as the function ``binning`` in ``crepes.extras``, are no longer provided
+
+- ``y_min`` and ``y_max`` correctly inserted for all percentiles
+
+- The ``evaluate`` method for ``ConformalPredictiveSystem`` fixed to work correctly even if CRPS not included in metrics, and if all test objects belong to the same Mondrian category
+	
+- Incorrect values for percentiles will render an error message
+	
 ## v0.4.0 (16/05/2023)
 
 ### Feature
diff --git a/setup.py b/setup.py
index f616e5a..1d9b185 100644
--- a/setup.py
+++ b/setup.py
@@ -5,7 +5,7 @@
 
 setuptools.setup(
     name="crepes",
-    version="0.4.0",
+    version="0.5.0",
     author="Henrik Boström",
     author_email="bostromh@kth.se",
     description="Conformal regressors and predictive systems (crepes)",