diff --git a/ChangeLog.md b/ChangeLog.md
index 0301160..8f8a5ec 100644
--- a/ChangeLog.md
+++ b/ChangeLog.md
@@ -4,6 +4,18 @@ Change Log
 All notable changes to the project are documented in this file.
 
 
+[v1.5.0][] - 2016-10-30
+-----------------------
+
+### Changes
+- Add support for absolute timers with the `uev_cron_*()` API.
+- Update build & install instructions in README
+
+### Fixes
+- Fix `uev_timer_set()` so that it returns error in case the underlying
+  Linux timerfd API fails.
+
+
 [v1.4.2][] - 2016-06-25
 -----------------------
 
diff --git a/configure.ac b/configure.ac
index 8822029..5ddfda1 100644
--- a/configure.ac
+++ b/configure.ac
@@ -1,4 +1,4 @@
-AC_INIT(libuev, 1.5.0-dev, https://github.com/troglobit/libuev/issues)
+AC_INIT(libuev, 1.5.0, https://github.com/troglobit/libuev/issues)
 AM_INIT_AUTOMAKE([1.11 foreign no-dist-gzip dist-xz])
 AM_SILENT_RULES([yes])