diff --git a/instrumentation/resque/CHANGELOG.md b/instrumentation/resque/CHANGELOG.md
index b59f27ddd..7cfc15733 100644
--- a/instrumentation/resque/CHANGELOG.md
+++ b/instrumentation/resque/CHANGELOG.md
@@ -1,5 +1,9 @@
 # Release History: opentelemetry-instrumentation-resque
 
+### v0.5.0 / 2023-09-07
+
+* (No significant changes)
+
 ### v0.4.2 / 2023-08-03
 
 * FIXED: Remove inline linter rules
diff --git a/instrumentation/resque/lib/opentelemetry/instrumentation/resque/version.rb b/instrumentation/resque/lib/opentelemetry/instrumentation/resque/version.rb
index 9327a3bd4..284cf059f 100644
--- a/instrumentation/resque/lib/opentelemetry/instrumentation/resque/version.rb
+++ b/instrumentation/resque/lib/opentelemetry/instrumentation/resque/version.rb
@@ -7,7 +7,7 @@
 module OpenTelemetry
   module Instrumentation
     module Resque
-      VERSION = '0.4.2'
+      VERSION = '0.5.0'
     end
   end
 end