diff --git a/CHANGELOG.md b/CHANGELOG.md
index 10edcdaf..c5dc0a14 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -4,6 +4,12 @@ All notable changes to this project will be documented in this file.
 The format is based on [Keep a Changelog](http://keepachangelog.com/en/1.0.0/)
 and this project adheres to [Semantic Versioning](http://semver.org/spec/v2.0.0.html).
 
+## [0.0.5]
+
+### Added
+
+- Added ability to delete policies [#23](https://github.com/cyberark/conjur-api-python3/issues/23)
+
 ## [0.0.4]
 
 ### Fixed
@@ -34,7 +40,8 @@ and this project adheres to [Semantic Versioning](http://semver.org/spec/v2.0.0.
 
 The first tagged version.
 
-[Unreleased]: https://github.com/conjurinc/conjur-api-python3/compare/v0.0.4...HEAD
+[Unreleased]: https://github.com/conjurinc/conjur-api-python3/compare/v0.0.5...HEAD
+[0.0.5]: https://github.com/conjurinc/conjur-api-python3/compare/v0.0.4...0.0.5
 [0.0.4]: https://github.com/conjurinc/conjur-api-python3/compare/v0.0.3...0.0.4
 [0.0.3]: https://github.com/conjurinc/conjur-api-python3/compare/v0.0.2...0.0.3
 [0.0.2]: https://github.com/conjurinc/conjur-api-python3/compare/v0.0.1...0.0.2
diff --git a/conjur/version.py b/conjur/version.py
index ab7586c5..3067a591 100644
--- a/conjur/version.py
+++ b/conjur/version.py
@@ -7,4 +7,4 @@
 is intended to be reused in multiple places.
 """
 
-__version__ = '0.0.4'
+__version__ = '0.0.5'