diff --git a/CHANGELOG.md b/CHANGELOG.md
index 61f6ca473..087871d7f 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,8 @@
+## 0.5.1
+
+**Added**
+- Added Managed Disk Caching Option
+
 ## 0.5.0
 
 **Added**
diff --git a/lib/fog/azurerm/version.rb b/lib/fog/azurerm/version.rb
index 1599eeee5..b2b7fae9b 100755
--- a/lib/fog/azurerm/version.rb
+++ b/lib/fog/azurerm/version.rb
@@ -1,5 +1,5 @@
 module Fog
   module AzureRM
-    VERSION = '0.5.0'.freeze
+    VERSION = '0.5.1'.freeze
   end
 end