diff --git a/CHANGELOG.md b/CHANGELOG.md
index 6fe86ccc..222f90b6 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,8 @@
+0.5.1
+=====
+- Fix bug with unknown non-ascii hook-id
+- Avoid crash when .git/hooks is not present in some git clients
+
 0.5.0
 =====
 - Add a new "local" hook type for running hooks without remote configuration.
diff --git a/setup.py b/setup.py
index 46661ecf..93e4c1e3 100644
--- a/setup.py
+++ b/setup.py
@@ -9,7 +9,7 @@ setup(
         'hooks.'
     ),
     url='https://github.com/pre-commit/pre-commit',
-    version='0.5.0',
+    version='0.5.1',
 
     author='Anthony Sottile',
     author_email='asottile@umich.edu',