diff --git a/NEWS.rst b/NEWS.rst
index 3f7572e..fac21c5 100644
--- a/NEWS.rst
+++ b/NEWS.rst
@@ -1,10 +1,10 @@
 Release History
 ---------------
 
-0.5.0 (2013-??-??)
+0.5.0 (2016-01-12)
 ^^^^^^^^^^^^^^^^^^
 
-* Updated to include all features from the upcoming Python 3.4 version of
+* Updated to include all features from the Python 3.4 and 3.5 releases of
   contextlib (also includes some ``ExitStack`` enhancements made following
   the integration into the standard library for Python 3.3)
 
diff --git a/docs/index.rst b/docs/index.rst
index 1fd4658..cd32393 100644
--- a/docs/index.rst
+++ b/docs/index.rst
@@ -21,14 +21,14 @@ involving the ``with`` statement.
 Additions Relative to the Standard Library
 ------------------------------------------
 
-This module is primarily a backport of the Python 3.4 version of
+This module is primarily a backport of the Python 3.5 version of
 :mod:`contextlib` to earlier releases. However, it is also a proving ground
 for new features not yet part of the standard library.
 
 There are currently no such features in the module.
 
 Refer to the :mod:`contextlib` documentation for details of which
-versions of Python 3 include the various APIs provided in this module.
+versions of Python 3 introduce the various APIs provided in this module.
 
 
 API Reference
@@ -183,12 +183,23 @@ Functions and classes provided:
    applications. It also has no effect on the output of subprocesses.
    However, it is still a useful approach for many utility scripts.
 
-   This context manager is :ref:`reusable but not reentrant <reusable-cms>`.
+   This context manager is :ref:`reentrant <reentrant-cms>`.
 
    .. versionadded:: 0.5
       Part of the standard library in Python 3.4 and later
 
 
+.. function:: redirect_stderr(new_target)
+
+   Similar to :func:`redirect_stdout`, but redirecting :data:`sys.stderr` to
+   another file or file-like object.
+
+   This context manager is :ref:`reentrant <reentrant-cms>`.
+
+   .. versionadded:: 0.5
+      Part of the standard library in Python 3.5 and later
+
+
 .. class:: ContextDecorator()
 
    A base class that enables a context manager to also be used as a decorator.