diff --git a/NEWS b/NEWS
index 117f4d7b..f7e384b4 100644
--- a/NEWS
+++ b/NEWS
@@ -1,6 +1,32 @@
-Version 1.5.0pre (2014-11-05) - Not for production
-  o Major OSPF protocol redesign
-  o RFC 6549 - OSPFv2 multi-instance extension
+Version 1.5.0 (2015-04-20)
+  o Major OSPF protocol redesign.
+  o OSPFv2 multi-instance extension (RFC 6549).
+  o BGP AS-wide unique router ID (RFC 6286).
+  o BGP enhanced route refresh (RFC 7313).
+  o Link state support in BGP.
+  o Latency tracking and internal watchdog.
+  o Uses high port range for BFD on BSD.
+  o Increase max symbol length to 64.
+  o Allows to define unnamed protocols from templates.
+  o Fixes two serious bugs in BGP.
+  o Several bugfixes and minor improvements.
+  o Several minor option changes:
+     - OSPF: Protocol-wide 'instance id' option added.
+     - BGP: Parameters to option 'neighbor' extended.
+     - BGP: Separate option 'interface' added.
+     - BGP: Option 'start delay time' renamed to 'connect delay time'.
+     - BGP: Option 'route limit' deprecated.
+
+  Upgrade notes:
+
+  For OSPF, there are deep internal changes, but user-visible changes
+  are limited to log messages and minor changes in formatting of command
+  output.
+
+  For BGP, version 1.5.0 is essentially a minor release. There are two
+  deprecated options ('start delay time' and 'route limit') and some
+  minor formatting changes.
+
 
 Version 1.4.5 (2014-10-06)
   o New 'show route noexport' command option.
diff --git a/misc/bird.spec b/misc/bird.spec
index 30601a91..e6b699a0 100644
--- a/misc/bird.spec
+++ b/misc/bird.spec
@@ -1,6 +1,6 @@
 Summary: BIRD Internet Routing Daemon
 Name: bird
-Version: 1.4.5
+Version: 1.5.0
 Release: 1
 Copyright: GPL
 Group: Networking/Daemons
@@ -41,11 +41,11 @@ install $RPM_SOURCE_DIR/birdc6 usr/sbin/birdc6
 %post
 /sbin/ldconfig
 /sbin/chkconfig --add bird
- 
+
 %preun
 if [ $1 = 0 ] ; then
         /sbin/chkconfig --del bird
-fi                                                                              
+fi
 
 %files
 %attr(755,root,root) /usr/sbin/bird
diff --git a/sysdep/config.h b/sysdep/config.h
index 36cf8391..08c15fe9 100644
--- a/sysdep/config.h
+++ b/sysdep/config.h
@@ -7,7 +7,7 @@
 #define _BIRD_CONFIG_H_
 
 /* BIRD version */
-#define BIRD_VERSION "1.5.0pre"
+#define BIRD_VERSION "1.5.0"
 
 /* Include parameters determined by configure script */
 #include "sysdep/autoconf.h"