diff --git a/CHANGELOG.md b/CHANGELOG.md
index cfc5467a..c83d4c33 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -6,7 +6,7 @@ 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).
 
 
-## [0.4.9] - 2021-10-01
+## [0.5.0] - 2021-10-02
 
 ### Added
 
@@ -20,6 +20,12 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 - from template no longer exists and should be replaced with subgraph.
 
+## [0.4.9] - 2021-10-01
+
+### Fixed
+
+- updates `purescript-event`
+
 ## [0.4.8] - 2021-09-23
 
 ### Fixed
diff --git a/package.json b/package.json
index 7607e5ce..64624add 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "purescript-wags",
-  "version": "0.4.9",
+  "version": "0.5.0",
   "description": "Web Audio Graphs as a Stream",
   "scripts": {
     "build": "spago build",