diff --git a/CommandLines.h b/CommandLines.h
index 97a20e1..146406f 100644
--- a/CommandLines.h
+++ b/CommandLines.h
@@ -3,7 +3,7 @@
 
 #include <pthread.h>
 
-#define HA_VERSION "0.4.0-dirty-r244"
+#define HA_VERSION "0.5.0"
 
 #define VERBOSE 0
 
diff --git a/hifiasm.1 b/hifiasm.1
index 73917f9..8edeb99 100644
--- a/hifiasm.1
+++ b/hifiasm.1
@@ -1,4 +1,4 @@
-.TH hifiasm 1 "12 Apr 2020" "hifiasm-0.4.0" "Bioinformatics tools"
+.TH hifiasm 1 "12 Apr 2020" "hifiasm-0.5.0" "Bioinformatics tools"
 
 .SH NAME
 .PP
@@ -109,7 +109,7 @@ assembly.
 
 .TP
 .BI -r \ INT
-Rounds of haplotype-aware error corrections [2]. This option affects all outputs of hifiasm.
+Rounds of haplotype-aware error corrections [3]. This option affects all outputs of hifiasm.
 
 .SS Assembly options