diff --git a/CHANGES.rst b/CHANGES.rst
index d9dd429c..d7707d20 100644
--- a/CHANGES.rst
+++ b/CHANGES.rst
@@ -1,6 +1,16 @@
 Changelog
 =========
 
+Version 0.5.5 -- 2017/07/02
+---------------------------
+
+* Add Arabic localization (#72)
+* Add Spanish-Colombian and Spanish-Venezuelan localization (#67)
+* Add VietNam localization (#61)
+* Add Italian localization (#56, #59)
+* Improve Russian localization (#62)
+* Improve Polish localization (#58)
+
 Version 0.5.4 -- 2016/10/18
 ---------------------------
 
diff --git a/setup.py b/setup.py
index 24b4bd20..cad7d414 100644
--- a/setup.py
+++ b/setup.py
@@ -17,7 +17,7 @@
 
 setup(
     name='num2words',
-    version='0.5.4',
+    version='0.5.5',
     description='Modules to convert numbers to words. Easily extensible.',
     long_description=LONG_DESC,
     license='LGPL',