diff --git a/NEWS b/NEWS
index 85f18abe..cb3e1bc5 100644
--- a/NEWS
+++ b/NEWS
@@ -1,3 +1,12 @@
+40.5
+====
+* native-window-placement: Fix distorted layout in app grid [Sebastian; !189]
+* window-list: Fix on-screen keyboard [Florian; !199]
+* Misc. bug fixes [Neal; !195]
+
+Contributors:
+  Neal Gompa, Sebastian Keller, Florian Müllner
+
 40.4
 ====
 * drive-menu: Fix indicator visibility [Florian; !176]
diff --git a/meson.build b/meson.build
index 1ecdc71e..188e19e5 100644
--- a/meson.build
+++ b/meson.build
@@ -1,5 +1,5 @@
 project('gnome-shell-extensions',
-  version: '40.4',
+  version: '40.5',
   meson_version: '>= 0.44.0',
   license: 'GPL2+'
 )