2 files changed, 2 insertions, 2 deletions

diff --git a/CHANGELOG.md b/CHANGELOG.md
index 02c2c7cf3..042b0d8b9 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,6 +1,6 @@
 # Gitaly changelog
 
-UNRELEASED
+v0.50.0
 
 - Pass repo git alternate dirs to gitaly-ruby
   https://gitlab.com/gitlab-org/gitaly/merge_requests/421
diff --git a/VERSION b/VERSION
index 5c4503b70..564edf82d 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-0.49.0
+0.50.0