diff --git a/gradle.properties b/gradle.properties
index 223d9cd..00fee8a 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -1,6 +1,6 @@
 # Copyright (c) Facebook, Inc. and its affiliates. All Rights Reserved.
 
-VERSION_NAME=0.5.0-SNAPSHOT
+VERSION_NAME=0.5.0
 GROUP=com.facebook.shimmer
 
 POM_DESCRIPTION=Shimmer effect for Android Views.