diff --git a/gradle.properties b/gradle.properties
index 639c01c74..efdcaa0fa 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -1,6 +1,6 @@
 org.gradle.caching=true
 group=io.ballerina
-version=0.5.0-SNAPSHOT
+version=0.5.0
 
 #dependency
 ballerinaLangVersion=2201.5.0