diff --git a/doc/releases/0.5.0.rst b/doc/releases/0.5.0.rst
new file mode 100644
index 00000000..e82effe6
--- /dev/null
+++ b/doc/releases/0.5.0.rst
@@ -0,0 +1,21 @@
+probeinterface 0.5.0
+--------------------
+
+Nov, 13th 2026
+
+Features
+^^^^^^^^^
+* Added support for zarr v3 (#387)
+* Parse ``.prb`` with ast instead of exec in read_prb (#476)
+
+Bug fixes
+^^^^^^^^^
+* Do not convert a probe's annotations to lists in ``Probe.to_dict`` (#477)
+* Fix ``write_BIDS_probe`` crash when ``device_channel_indices`` are set (#474)
+
+
+Contributors:
+
+* @aaronkanzer
+* @alejoe91
+* @tritsystem
diff --git a/pyproject.toml b/pyproject.toml
index 1746053d..17cbed0e 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -1,6 +1,6 @@
 [project]
 name = "probeinterface"
-version = "0.4.2"
+version = "0.5.0"
 authors = [
   { name="Samuel Garcia", email="sam.garcia.die@gmail.com" },
   { name="Alessio Buccino", email="alessiop.buccino@gmail.com" },
diff --git a/src/probeinterface/schema/probe.json.schema b/src/probeinterface/schema/probe.json.schema
index 8cb5e79f..0acc11ea 100644
--- a/src/probeinterface/schema/probe.json.schema
+++ b/src/probeinterface/schema/probe.json.schema
@@ -11,7 +11,7 @@
     "version": {
       "type": "string",
       "$comment": "Range of specification versions this schema validates. Bump when the schema changes incompatibly.",
-      "pattern": "^0\\.[34]\\.\\d+$"
+      "pattern": "^0\\.[345]\\.\\d+$"
     },
     "probes": {
       "type": "array",