diff --git a/CHANGELOG.md b/CHANGELOG.md
new file mode 100644
index 0000000..6ca9acb
--- /dev/null
+++ b/CHANGELOG.md
@@ -0,0 +1,13 @@
+Change Log
+==========
+
+Versioned according to [Semantic Versioning](http://semver.org/).
+
+## Unreleased
+
+## [0.5.0] - 2024-01-30
+
+- First release in ocrd_all
+
+<!-- link-labels -->
+[0.5.0]: ../../compare/HEAD...v0.5.0
diff --git a/ocrd_froc/ocrd-tool.json b/ocrd_froc/ocrd-tool.json
index 460be5a..08d30de 100644
--- a/ocrd_froc/ocrd-tool.json
+++ b/ocrd_froc/ocrd-tool.json
@@ -1,5 +1,5 @@
 {
-  "version": "0.4.0",
+  "version": "0.5.0",
   "git_url": "https://github.com/OCR-D/ocrd_froc",
   "tools": {
     "ocrd-froc": {