diff --git a/CHANGELOG.md b/CHANGELOG.md
index 1e53acf..366dfc9 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,20 @@
 # Change Log
 
+## 0.5.0
+
+- Added commands for installing and browsing Elm packages
+- Change extension icon
+- Updated the language server
+	- Updated and clarified the readme in multiple ways, also added sublime text instructions
+	- Reworked settings and detection of `elm`, `elm-test` and `elm-format`
+	- Server figures out the elm version automatically
+	- Correctly detect cursors on or after the last character of a token
+	- elm.json detection is now handled by the server, the setting is deprecated
+	- Handle elm libraries better, we failed to load the correct deps before this
+	- You can configure when to run elm-analyse via the setting `elmAnalyseTrigger` ("change" | "save" | "never")
+	- Some cleanups for cases where the elm compiler does not respond with a json
+
+
 ## 0.4.2
 
 - Updated the language server
diff --git a/package-lock.json b/package-lock.json
index ff7f9c4..aa37ef9 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -1,6 +1,6 @@
 {
 	"name": "elm-ls-vscode",
-	"version": "0.4.2",
+	"version": "0.5.0",
 	"lockfileVersion": 1,
 	"requires": true,
 	"dependencies": {
diff --git a/package.json b/package.json
index 9490f6c..dc89991 100644
--- a/package.json
+++ b/package.json
@@ -6,7 +6,7 @@
   "icon": "images/elm.png",
   "author": "Kolja Lampe",
   "license": "MIT",
-  "version": "0.4.2",
+  "version": "0.5.0",
   "repository": {
     "type": "git",
     "url": "https://github.com/elm-tooling/elm-language-client-vscode"
diff --git a/server b/server
index d8b4860..cd9c797 160000
--- a/server
+++ b/server
@@ -1 +1 @@
-Subproject commit d8b4860f323ea54b92cf85b36ea2def0a089dc3f
+Subproject commit cd9c7971c4a83635d01317da4d28dad6acbd87e8