diff --git a/NEWS.md b/NEWS.md
index 94ad731fc..a6cea9643 100644
--- a/NEWS.md
+++ b/NEWS.md
@@ -1,5 +1,33 @@
 # Virtual Machine Manager News
 
+## Release 5.0.0 (November 26, 2024)
+- virt-clone: colne serial files (Oleg Vasilev)
+- virt-clone: Copy disk permissions as well (Martin Kletzander)
+- virt-install: Add properties for AMD SEV-SNP (Daniel P. Berrangé)
+- virt-install: Add passt backend for user network interface
+- virt-install: Add support for --sound multichannel,stream (Lin Ma)
+- virt-install: Add support for --tpm backend.debug,backend.source (Lin Ma)
+- virt-xml: add --edit --convert-to-q35
+- virt-xml: add --edit --convert-to-vnc
+- virt-xml: Add --edit --boot uefi
+- virt-manager: Fix opening graphical console with egl-headless (Feng Jiang)
+- virt-manager: Add support to create external snapshots
+- virt-manager: Default to scaling=Always for consoles
+- virt-manager: switch to not forking by default
+- cli: Add more --disk options (Lin Ma)
+- cli: Add --memdev target.address_base for virtio-mem and virtio-pmem (Lin Ma)
+- cli: Add --features kvm.pv-ipi.state=on|off (Lin Ma)
+- cli: Add --video model.blob=on|off (Lin Ma)
+- Add missing Hyper-V features and enable most of them by default
+- Add loongarch support (Xianglai Li)
+- Add support for hvf domain type (Mohamed Akram)
+- Support creating sparse volumes on ZFS pools (Iain Buclaw)
+- UEFI improvements for riscv64 and loongarch64 VMs (Andrea Bolognani)
+- Add graphcis to riscv64 and aarch64
+- build: swtich from setuptools to meson
+- diskbackend: Drop support for sheepdog (Lin Ma)
+- cli: Deprecate --cpu host in favor of --cpu host-model (Andrea Bolognani)
+
 ## Release 4.1.0 (August 04, 2022)
 - Fix build with setuptools-61 (Peter Alfredsen, Miro Hrončok)
 - add UI and cli support for qemu-vdagent channel (Jonathon Jongsma)
diff --git a/data/virt-manager.appdata.xml.in b/data/virt-manager.appdata.xml.in
index 6bc9e4031..35c59c0b0 100644
--- a/data/virt-manager.appdata.xml.in
+++ b/data/virt-manager.appdata.xml.in
@@ -41,6 +41,7 @@
   <content_rating type="oars-1.1"/>
   <launchable type="desktop-id">virt-manager.desktop</launchable>
   <releases>
+    <release version="5.0.0" date="2024-11-26"/>
     <release version="4.1.0" date="2022-08-04"/>
     <release version="4.0.0" date="2022-03-02"/>
     <release version="3.2.0" date="2020-11-14"/>
diff --git a/meson.build b/meson.build
index f95bdd708..8862ada8f 100644
--- a/meson.build
+++ b/meson.build
@@ -1,5 +1,5 @@
 project('virt-manager',
-  version: '4.1.0',
+  version: '5.0.0',
   meson_version: '>=0.63.0',
 )
 
diff --git a/po/virt-manager.pot b/po/virt-manager.pot
index 58e3ba2f4..493653b33 100644
--- a/po/virt-manager.pot
+++ b/po/virt-manager.pot
@@ -6,7 +6,7 @@
 #, fuzzy
 msgid ""
 msgstr ""
-"Project-Id-Version: virt-manager 4.1.0\n"
+"Project-Id-Version: virt-manager 5.0.0\n"
 "Report-Msgid-Bugs-To: https://github.com/virt-manager/virt-manager/issues\n"
 "POT-Creation-Date: 2024-11-26 13:55+0100\n"
 "PO-Revision-Date: YEAR-MO-DA HO:MI+ZONE\n"