diff --git a/changelog/v5.0.1.md b/changelog/v5.0.1.md
new file mode 100644
index 0000000000..151e90c4a6
--- /dev/null
+++ b/changelog/v5.0.1.md
@@ -0,0 +1,8 @@
+# 5.0.1
+
+The v4.6.5 release helps reduce bundle sizes for bundler that support the `"sideEffects": "false"`option in `package.json`, and fixes website documentation regarding cdn locations and debug build which has been replaced by source maps.
+
+## Fixes
+
+ * [#8341](https://github.com/openlayers/openlayers/pull/8341) - Set sideEffects: false flag ([@ahocevar](https://github.com/ahocevar))
+ * [#8342](https://github.com/openlayers/openlayers/pull/8342) - Fix links and description in quickstart tutorial ([@ahocevar](https://github.com/ahocevar))
diff --git a/package.json b/package.json
index dffff694d1..b3147ce501 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "openlayers",
-  "version": "5.0.0",
+  "version": "5.0.1",
   "description": "OpenLayers mapping library",
   "keywords": [
     "map",
diff --git a/src/ol/package.json b/src/ol/package.json
index 412eaca106..8a27945710 100644
--- a/src/ol/package.json
+++ b/src/ol/package.json
@@ -1,6 +1,6 @@
 {
   "name": "ol",
-  "version": "5.0.0",
+  "version": "5.0.1",
   "description": "OpenLayers mapping library",
   "main": "index.js",
   "module": "index.js",
diff --git a/src/ol/util.js b/src/ol/util.js
index 08ccc7b0d3..6aa298f705 100644
--- a/src/ol/util.js
+++ b/src/ol/util.js
@@ -52,4 +52,4 @@ export function getUid(obj) {
  * OpenLayers version.
  * @type {string}
  */
-export const VERSION = '5.0.0';
+export const VERSION = '5.0.1';