diff --git a/News.md b/News.md
index d684018..f094f46 100644
--- a/News.md
+++ b/News.md
@@ -2,11 +2,11 @@
 
 ## Latest News
 
-### 2007-06-29 -- Allmydata Tahoe v0.4 released!
+### 2007-08-17 -- Allmydata Tahoe v0.5 released!
 
-This version adds encrypted, mutable directories, so that you can organize your files into directories, change the contents of directories, and share your directories with your friends, without thereby sharing your directories with anyone else -- not even with the owners of the servers that host your directories.
+This version adds a RESTful API allowing you to program your Tahoe node in the language of your choice, as well as a command-line API in the Unix style, and some performance improvements. 
 
-Please see [the Release Notes]source:relnotes.txt@849.
+Please see [the Release Notes]source:relnotes.txt@1129.
 
 ## Old News