diff --git a/.github/CONTRIBUTING.md b/.github/CONTRIBUTING.md
index d0612954..1c07a213 100644
--- a/.github/CONTRIBUTING.md
+++ b/.github/CONTRIBUTING.md
@@ -88,4 +88,16 @@ cd ../..
 DB=postgres bundle exec rake
 ```
 
+### Releases
+
+1. Set the version in lib/paper_trail/version_number.rb
+  - Set PRE to nil unless it's a pre-release (beta, rc, etc.)
+1. In the changelog, replace "Unreleased" with the date.
+1. In the readme,
+  - remove "unreleased" from the doc versions table
+  - update any other references to version number
+1. Commit and tag with `git tag -a -m "v5.0.0" "v5.0.0"`
+1. `git push --tags origin master`
+1. `gem push paper_trail`
+
 [1]: https://github.com/airblade/paper_trail/blob/master/doc/bug_report_template.rb
diff --git a/CHANGELOG.md b/CHANGELOG.md
index eac46037..f169d7a2 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,4 +1,4 @@
-## 5.0.0 (Unreleased)
+## 5.0.0 (2016-05-02)
 
 ### Breaking Changes
 
diff --git a/README.md b/README.md
index addaec71..36027d99 100644
--- a/README.md
+++ b/README.md
@@ -10,7 +10,7 @@ has been destroyed.
 
 | Version        | Documentation |
 | -------------- | ------------- |
-| 5 (unreleased) | https://github.com/airblade/paper_trail/blob/master/README.md |
+| 5              | https://github.com/airblade/paper_trail/blob/master/README.md |
 | 4.1            | https://github.com/airblade/paper_trail/blob/4.1-stable/README.md |
 | 4.0            | https://github.com/airblade/paper_trail/blob/4.0-stable/README.md |
 | 3              | https://github.com/airblade/paper_trail/blob/3.0-stable/README.md |
@@ -48,7 +48,7 @@ has been destroyed.
 
 | paper_trail    | branch     | tags   | ruby     | activerecord |
 | -------------- | ---------- | ------ | -------- | ------------ |
-| 5 (unreleased) | master     | none   | >= 1.9.3 | >= 3.0, < 6  |
+| 5              | master     | v5.x   | >= 1.9.3 | >= 3.0, < 6  |
 | 4              | 4.0-stable | v4.x   | >= 1.8.7 | >= 3.0, < 6  |
 | 3              | 3.0-stable | v3.x   | >= 1.8.7 | >= 3.0, < 5  |
 | 2              | 2.7-stable | v2.x   | >= 1.8.7 | >= 3.0, < 4  |
@@ -194,7 +194,7 @@ Widget.paper_trail_enabled_for_model?
 widget.paper_trail_enabled_for_model?
 ```
 
-And a `PaperTrail::Version` instance (which is just an ordinary ActiveRecord 
+And a `PaperTrail::Version` instance (which is just an ordinary ActiveRecord
 instance, with all the usual methods) adds these methods:
 
 ```ruby
@@ -1397,7 +1397,7 @@ setting up your app with PaperTrail will look something like this:
 
 1. Add PaperTrail to your `Gemfile`.
 
-    `gem 'paper_trail', '~> 4.0.0'`
+    `gem 'paper_trail'`
 
 2. Generate a migration to add a `versions` table to your database.
 
diff --git a/lib/paper_trail/version_number.rb b/lib/paper_trail/version_number.rb
index b53d1d66..e64ab341 100644
--- a/lib/paper_trail/version_number.rb
+++ b/lib/paper_trail/version_number.rb
@@ -4,7 +4,7 @@ module PaperTrail
     MAJOR = 5
     MINOR = 0
     TINY = 0
-    PRE = "pre".freeze
+    PRE = nil
 
     STRING = [MAJOR, MINOR, TINY, PRE].compact.join(".").freeze