diff --git a/docs/release-notes-latest.rst b/docs/release-notes-latest.rst
index 6dc2baa..c25095c 120000
--- a/docs/release-notes-latest.rst
+++ b/docs/release-notes-latest.rst
@@ -1 +1 @@
-release-notes/release-notes-0.4.1.rst
\ No newline at end of file
+release-notes/release-notes-0.5.0.rst
\ No newline at end of file
diff --git a/docs/release-notes/release-notes-0.5.0.rst b/docs/release-notes/release-notes-0.5.0.rst
new file mode 100644
index 0000000..199840c
--- /dev/null
+++ b/docs/release-notes/release-notes-0.5.0.rst
@@ -0,0 +1,152 @@
+ndn-cxx version 0.5.0
+---------------------
+
+Release date: October 4, 2016
+
+.. note::
+   As of version 0.5.0, ndn-cxx requires a modern compiler (gcc >= 4.8.2, clang >= 3.4) and a
+   relatively new version of Boost libraries (>= 1.54).  This means that the code no longer compiles
+   with the packaged version of gcc and boost libraries on Ubuntu 12.04.  ndn-cxx can still be
+   compiled on such systems, but requires separate installation of a newer version of the compiler
+   (e.g., clang-3.4) and dependencies.
+
+.. note::
+   The library now has a dependency on OpenSSL >= 1.0.1
+
+Changes since version 0.4.1:
+
+New features:
+^^^^^^^^^^^^^
+
+- New transformation API (:issue:`3009`)
+
+  * base64 and hex encoding/decoding
+  * digest calculation (SHA256)
+  * HMAC calculation
+  * block cipher operations (AES in CBC mode)
+  * public key signing/verification
+
+- Introduce environment variables to set/override transport, pib, and tpm configurations
+  (:issue:`2925`, :issue:`2514`)
+
+  * ``NDN_CLIENT_TRANSPORT``: equivalent of transport in client.conf
+  * ``NDN_CLIENT_PIB``: equivalent of pib in client.conf
+  * ``NDN_CLIENT_TPM``: equivalent of tpm in client.conf
+
+  Whenever an environment variable is set, it takes precedence over any values specified in the
+  configuration file.
+
+- Introduce logging facility based on Boost.Log (:issue:`3562`)
+
+  The logging can be enabled on selected moduled at the selected log level through ``NDN_LOG``
+  environment variable. For example,
+
+  ::
+
+      export NDN_LOG=ndn.mgmt.Dispatcher=TRACE
+
+- Introduce ``Name::deepCopy`` to allow memory optimizations when working with ``Name`` objects
+  (:issue:`3618`)
+
+- New ``ndn::security::CommandInterestValidator`` class (:issue:`2376`)
+
+- Add ``StatusDataset`` client functionality into ``ndn::nfd::Controller`` (:issue:`3329`)
+
+- New ``FaceUpdateCommand`` structure for NFD management protocols (:issue:`3232`)
+
+- **breaking change** Add Flags and Mask fields to faces/create and faces/update, add Flags field to
+  FaceStatus (:issue:`3731`, :issue:`3732`)
+
+- New ``SafeBag`` structure for private key export/import (:issue:`3048`)
+
+- ``ndn::io::loadBlock`` and ``saveBlock`` (:issue:`3741`)
+
+- Backport of C++17 ``std::clamp`` and ``std::optional`` (:issue:`3636`, :issue:`3753`)
+
+Improvements and bug fixes
+^^^^^^^^^^^^^^^^^^^^^^^^^^
+
+- **breaking change** Expose ``ControlResponse`` as part of ``Controller::CommandFailCallback``
+  (:issue:`3739`)
+
+- **breaking change** Change security constants to corresponding strongly typed enumerations
+  (:issue:`3083`)
+
+- Fix ``SegmentFetcher`` restarting from segment 0 upon Nack (:issue:`3554`)
+
+- Fix support for ``ImplicitSha256Digest`` name component in ``Exclude`` selector
+  (:issue:`3665`)
+
+- Enable ``KeyChain`` customization in ``DummyClientFace`` (:issue:`3435`)
+
+- Make ``ValidatorConfig`` to evaluate all checkers inside a rule (:issue:`3645`)
+
+- Add validation of ``StatusDataset`` and ``ControlCommand`` responses in
+  ``ndn::nfd::Controller`` (:issue:`3653`)
+
+- Enable handling of NACKs in Validator and NotificationSubscriber classes (:issue:`3332`,
+  :issue:`3662`)
+
+- Several fixes in ``Scheduler`` class (:issue:`3722`, :issue:`3691`)
+
+- Add option to override ``processEvents`` method in ``DummyClientFace`` class (:issue:`3769`)
+
+- Several other improvements, including fixes of potential segmentation faults and memory leaks
+  (:issue:`3136`, :issue:`3248`, :issue:`3723`, :issue:`3727`)
+
+Deprecated
+^^^^^^^^^^
+
+- Constant ``io::BASE_64``, use ``io::BASE64`` instead (:issue:`3741`)
+
+- Headers ``management/nfd-*``, use ``mgmt/nfd/*`` instead (:issue:`3760`)
+
+- ``ndn::crypto::sha256`` in favor of ``ndn::crypto::computeSha256Digest``
+
+- ``security/cryptopp.hpp`` header. Use ``security/v1/cryptopp.hpp`` when needed, avoid direct
+  include as CryptoPP dependency may be removed from future versions of the library.
+
+- ``security/identity-certificate.hpp`` header.  Use ``security/v1/identity-certificate.hpp`` instead.
+
+- ``ndn::PublicKey``, ``ndn::Certificate``, ``ndn::IdentityCertificate``,
+  ``ndn::CertificateExtension``, ``ndn::CertificateSubjectDescription``.  When necessary, use
+  ``security::v1::PublicKey``, ``security::v1::Certificate``, ``security::v1::IdentityCertificate``,
+  ``security::v1::CertificateExtension``, ``security::v1::CertificateSubjectDescription`` instead.
+  The next release will feature :doc:`a new version of NDN Certificate format
+  <../specs/certificate-format>`.
+
+Removed
+^^^^^^^
+
+- Previously deprecated LocalControlHeader (:issue:`3755`)
+
+- Previously deprecated ``makeDummyClientFace`` function, use ``DummyClientFace`` constructors
+  directly (:issue:`3383`)
+
+- Previously deprecated ``Name::set``, use constructors directly (:issue:`2506`)
+
+- Previously deprecated ``Block::fromBuffer`` and block helpers (:issue:`2950`, :issue:`2636`)
+
+  * ``Block::fromBuffer`` overloads with output parameter
+  * ``ndn::encoding::prependBlock``
+  * ``ndn::encoding::prependByteArrayBlock``
+  * ``ndn::encoding::nonNegativeIntegerBlock``
+  * ``ndn::encoding::prependBooleanBlock``
+  * ``ndn::encoding::booleanBlock``
+  * ``ndn::encoding::dataBlock``
+  * ``ndn::encoding::nestedBlock``
+
+- Previously deprecated Command Interest classes (:issue:`2008`)
+
+  * ``CommandInterestGenerator``, replaced by ``KeyChain::sign``
+  * ``ndn::util::CommandInterestValidator``, replaced by
+    ``ndn::security::CommandInterestValidator``
+
+- ndncatchunks3 and ndnputchunks3 apps.  Use ndncatchunks and ndnputchunks from `NDN Essential
+  Tools (ndn-tools) <https://github.com/named-data/ndn-tools>`__ (:issue:`3547`)
+
+- ``ndn::ndn_digestSha256`` function. Use ``ndn::crypto::computeSha256Digest`` instead.
+
+- **potentially breaking change** Headers ``security/certificate-extension.hpp``,
+  ``security/certificate-subject-description.hpp``, and ``security/certificate.hpp``.  When necessary,
+  use the corresponding headers in ``security/v1/*`` or ``security/v1/identity-certificate.hpp``.
diff --git a/docs/releases.rst b/docs/releases.rst
index 780709e..bee9557 100644
--- a/docs/releases.rst
+++ b/docs/releases.rst
@@ -5,6 +5,7 @@
    :hidden:
    :maxdepth: 1
 
+   release-notes/release-notes-0.5.0
    release-notes/release-notes-0.4.1
    release-notes/release-notes-0.4.0
    release-notes/release-notes-0.3.4
@@ -15,6 +16,12 @@
    release-notes/release-notes-0.2.0
    release-notes/release-notes-0.1.0
 
+* **ndn-cxx version 0.5.0**
+  (:doc:`Release Notes <release-notes/release-notes-0.5.0>`, `Documentation <http://named-data.net/doc/ndn-cxx/0.5.0/>`__)
+
+  `src (git) <https://github.com/named-data/ndn-cxx/releases/tag/ndn-cxx-0.5.0>`__,
+  `src (tarball) <http://named-data.net/downloads/nfd-0.5.0.tar.bz2>`__ (`checksum <http://named-data.net/downloads/nfd-0.5.0.tar.bz2.sha256>`__)
+
 * **ndn-cxx version 0.4.1**
   (:doc:`Release Notes <release-notes/release-notes-0.4.1>`, `Documentation <http://named-data.net/doc/ndn-cxx/0.4.1/>`__)