diff --git a/CHANGELOG.md b/CHANGELOG.md
index 7914128e1..4a2184830 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -9,6 +9,9 @@ This component adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0.h
 
 ## [0.5.0](https://github.com/open-telemetry/opentelemetry-dotnet-instrumentation/releases/tag/v0.5.0)
 
+The is the first production-ready (non-beta) release.
+It is not stable yet.
+
 ### Added
 
 - Add support for .NET 7.
diff --git a/docs/CONTRIBUTING.md b/docs/CONTRIBUTING.md
index bd3d957a8..e67c21649 100644
--- a/docs/CONTRIBUTING.md
+++ b/docs/CONTRIBUTING.md
@@ -4,6 +4,9 @@
 
 We'd love your help!
 
+[The project board](https://github.com/open-telemetry/opentelemetry-dotnet-instrumentation/projects/1)
+shows the current work in progress.
+
 Please join our weekly [SIG meeting](https://github.com/open-telemetry/community#special-interest-groups).
 Meeting notes are available as a public [Google
 doc](https://docs.google.com/document/d/1XedN2D8_PH4YLej-maT8sp4RKogfuhFpccRi3QpUcoI/edit?usp=sharing).
@@ -13,8 +16,7 @@ If you are new, you can create a CNCF Slack account [here](http://slack.cncf.io/
 
 ## Give feedback
 
-We are in early phase of development
-and we are looking for your feedback.
+We are always looking for your feedback.
 
 You can do this by [submitting a GitHub issue](https://github.com/open-telemetry/opentelemetry-dotnet-instrumentation/issues/new).
 
diff --git a/docs/README.md b/docs/README.md
index 86c9ce1cf..c6d59f659 100644
--- a/docs/README.md
+++ b/docs/README.md
@@ -9,8 +9,8 @@ to .NET applications without having to modify their source code.
 
 ⚠️ The following documentation refers to the in-development version
 of OpenTelemetry .NET Automatic Instrumentation. Docs for the latest version
-([0.4.0-beta.1](https://github.com/open-telemetry/opentelemetry-dotnet-instrumentation/releases/latest))
-can be found [here](https://github.com/open-telemetry/opentelemetry-dotnet-instrumentation/blob/v0.4.0-beta.1/docs/README.md).
+([0.5.0](https://github.com/open-telemetry/opentelemetry-dotnet-instrumentation/releases/latest))
+can be found [here](https://github.com/open-telemetry/opentelemetry-dotnet-instrumentation/blob/v0.5.0/docs/README.md).
 
 ---
 
@@ -47,24 +47,9 @@ See [design.md](design.md) for an architectural overview.
 
 ## Status
 
-This project is in the early stages of development.
-[The project board](https://github.com/open-telemetry/opentelemetry-dotnet-instrumentation/projects/1)
-shows the current work in progress.
-
-Project versioning information and stability guarantees
+The versioning information and stability guarantees
 can be found in the [versioning documentation](versioning.md).
 
-⚠️ **We need you!** ⚠️
-
-Please, give us your **feedback** (in whatever form you like).
-
-You can do this by [submitting a GitHub issue](https://github.com/open-telemetry/opentelemetry-dotnet-instrumentation/issues/new).
-
-You may also prefer writing on [Slack](https://cloud-native.slack.com/archives/C01NR1YLSE7).
-If you are new, you can create a CNCF Slack account [here](http://slack.cncf.io/).
-
-See [CONTRIBUTING.md](CONTRIBUTING.md) for more information.
-
 ## Compatibility
 
 OpenTelemetry .NET Automatic Instrumentation attempts to work with all officially
@@ -216,6 +201,10 @@ See [manual-instrumentation.md](manual-instrumentation.md).
 
 See [troubleshooting.md](troubleshooting.md).
 
+## Contact
+
+See [CONTRIBUTING.md](CONTRIBUTING.md).
+
 ## Contributing
 
 See [CONTRIBUTING.md](CONTRIBUTING.md).