diff --git a/RELEASENOTES.md b/RELEASENOTES.md
index 9f9da3e..e9de3d9 100644
--- a/RELEASENOTES.md
+++ b/RELEASENOTES.md
@@ -21,6 +21,9 @@
 
 # Cordova-plugman Release Notes
 
+### 1.5.0 (May 02, 2017)
+* [CB-12747](https://issues.apache.org/jira/browse/CB-12747) Updated `cordova-lib` dependency to `7.0.0`
+
 ### 1.4.1 (Jan 17, 2017)
 * [CB-12358](https://issues.apache.org/jira/browse/CB-12358) Updated `cordova-lib` dependency.
 
diff --git a/package.json b/package.json
index 2ef1957..372fea2 100644
--- a/package.json
+++ b/package.json
@@ -2,7 +2,7 @@
     "author": "Andrew Lunny <alunny@gmail.com>",
     "name": "plugman",
     "description": "install/uninstall Cordova plugins",
-    "version": "1.4.2-dev",
+    "version": "1.5.0",
     "repository": {
         "type": "git",
         "url": "git://git-wip-us.apache.org/repos/asf/cordova-plugman.git"
@@ -17,7 +17,7 @@
     },
     "engineStrict": true,
     "dependencies": {
-        "cordova-lib": "6.5.0",
+        "cordova-lib": "7.0.0",
         "nopt": "1.0.9",
         "q": "1.0.1"
     },