diff --git a/ChangeLog b/ChangeLog
index 4e5cf105..b97cdec6 100644
--- a/ChangeLog
+++ b/ChangeLog
@@ -1,3 +1,10 @@
+ver 0.50:
+	Fix issue with STK respond on exit flag handling.
+	Fix issue with STK and canceling pending DTMF tones.
+	Fix issue with IPv4 gateway setting and Ericsson modems.
+	Add support for handling IFX emergency number list.
+	Add support for Telit UC864-G devices.
+
 ver 0.49:
 	Fix issue with missing signal on context removal.
 	Fix issue with missing cleanup for GPRS interfaces.
diff --git a/configure.ac b/configure.ac
index 0d9dda6b..b9cd0e60 100644
--- a/configure.ac
+++ b/configure.ac
@@ -1,5 +1,5 @@
 AC_PREREQ(2.60)
-AC_INIT(ofono, 0.49)
+AC_INIT(ofono, 0.50)
 
 AM_INIT_AUTOMAKE([foreign subdir-objects])
 AM_CONFIG_HEADER(config.h)