diff --git a/README.md b/README.md
index 0927f8e..1eabd2c 100644
--- a/README.md
+++ b/README.md
@@ -974,6 +974,14 @@ Example Usage:
 
 3.x Changelog
 -------------
+3.5.1 - 15 June 2017
+
+    * Doc fix: Missed a curly brace in an example. (#412)
+    * Feature: Dynamic metadata functions (#392) - It is now possible to
+               dynamically add metadata to lager messages. See the "dynamic
+               metadata" section above for more information.
+    * Doc fix: Add information about the "application" placeholder. (#414)
+
 3.5.0 - 28 May 2017
 
     * Bugfix: Support OTP 20 gen_event messages (#410)
diff --git a/src/lager.app.src b/src/lager.app.src
index 3c6ac3c..c5b4a7b 100644
--- a/src/lager.app.src
+++ b/src/lager.app.src
@@ -3,7 +3,7 @@
 {application, lager,
  [
   {description, "Erlang logging framework"},
-  {vsn, "3.5.0"},
+  {vsn, "3.5.1"},
   {modules, []},
   {applications, [
                   kernel,