diff --git a/.changeset/pre.json b/.changeset/pre.json
index cf5cb6a51f..361f24c7b7 100644
--- a/.changeset/pre.json
+++ b/.changeset/pre.json
@@ -6,7 +6,13 @@
     "react-select": "4.3.1"
   },
   "changesets": [
+    "cool-countries-learn",
+    "gold-tomatoes-smoke",
+    "kind-birds-kiss",
     "lazy-rivers-camp",
+    "mean-gorillas-kick",
+    "selfish-dots-look",
+    "tame-suits-lick",
     "v5-beta"
   ]
 }
diff --git a/docs/CHANGELOG.md b/docs/CHANGELOG.md
index bf8fe12cf2..f308411a6a 100644
--- a/docs/CHANGELOG.md
+++ b/docs/CHANGELOG.md
@@ -1,5 +1,19 @@
 # @react-select/docs
 
+## 3.1.1-beta.1
+
+### Patch Changes
+
+- [638f5455](https://github.com/JedWatson/react-select/commit/638f545517d320fe70ca954511a71e96956abae3) [#4702](https://github.com/JedWatson/react-select/pull/4702) Thanks [@Methuselah96](https://github.com/Methuselah96)! - The Option generic is no longer required to extend the OptionBase type
+
+- Updated dependencies [10225290]:
+- Updated dependencies [53f1972b]:
+- Updated dependencies [b41f4ceb]:
+- Updated dependencies [7fcec537]:
+- Updated dependencies [9e82aadc]:
+- Updated dependencies [638f5455]:
+  - react-select@undefined
+
 ## 3.1.1-beta.0
 
 ### Patch Changes
diff --git a/docs/package.json b/docs/package.json
index 25089c7b13..29cd61c411 100644
--- a/docs/package.json
+++ b/docs/package.json
@@ -1,7 +1,7 @@
 {
   "name": "@react-select/docs",
   "private": true,
-  "version": "3.1.1-beta.0",
+  "version": "3.1.1-beta.1",
   "main": "dist/docs.cjs.js",
   "author": "Jed Watson",
   "license": "MIT",
@@ -62,7 +62,7 @@
     "react-helmet": "^5.2.0",
     "react-markings": "^1.3.0",
     "react-router-dom": "^4.2.2",
-    "react-select": "^5.0.0-beta.0",
+    "react-select": "^5.0.0-beta.1",
     "react-sortable-hoc": "^1.9.1",
     "react-syntax-highlighter": "^7.0.1",
     "style-loader": "^0.23.1",
diff --git a/packages/react-select/CHANGELOG.md b/packages/react-select/CHANGELOG.md
index 4db87386c4..4e9d46f7cb 100644
--- a/packages/react-select/CHANGELOG.md
+++ b/packages/react-select/CHANGELOG.md
@@ -1,5 +1,28 @@
 # react-select
 
+## 5.0.0-beta.1
+
+### Patch Changes
+
+- [10225290](https://github.com/JedWatson/react-select/commit/10225290f9b1c9a722fc96fa4c74d91bfbeb7df8) [#4720](https://github.com/JedWatson/react-select/pull/4720) - Updated the layout for the singleValue input/placeholder/container so that it works better when used in flex layouts.
+
+- [53f1972b](https://github.com/JedWatson/react-select/commit/53f1972b2d76443a63df18eb538ccbf68787e362) [#4731](https://github.com/JedWatson/react-select/pull/4731) Thanks [@JedWatson](https://github.com/JedWatson)! - MultiValue key now includes a hyphen between the value and the index to prevent edge cases where you could get a duplicate key error
+
+- [b41f4ceb](https://github.com/JedWatson/react-select/commit/b41f4cebbcaa8714bcf36cf24357f580a74c6a16) [#4704](https://github.com/JedWatson/react-select/pull/4704) Thanks [@Rall3n](https://github.com/Rall3n)! - Fix findDOMNode deprecation by adding refs to transition components
+
+- [7fcec537](https://github.com/JedWatson/react-select/commit/7fcec537e75b80b3084b64db76150cfef9d2ee2f) [#4697](https://github.com/JedWatson/react-select/pull/4697) - Add the role of combobox and the required ARIA attributes to the Input and DummyInput components to allow JAWS support and a better screen reader experience overall.
+
+- [9e82aadc](https://github.com/JedWatson/react-select/commit/9e82aadcd1931f730235d317a2299a681da8c373) [#4676](https://github.com/JedWatson/react-select/pull/4676) - The following improvements have been made for screen reader users:
+
+  - NVDA now announces the context text when initially focused
+  - Selected option/s (single and multi) are now announced when initially focused
+  - VoiceOver now announces the context text when re-focusing
+  - The clear action is now announced
+  - Placeholder text is now announced
+  - Mobile VoiceOver is now able to remove selected multi options
+
+- [638f5455](https://github.com/JedWatson/react-select/commit/638f545517d320fe70ca954511a71e96956abae3) [#4702](https://github.com/JedWatson/react-select/pull/4702) Thanks [@Methuselah96](https://github.com/Methuselah96)! - The Option generic is no longer required to extend the OptionBase type
+
 ## 5.0.0-beta.0
 
 ### Major Changes
diff --git a/packages/react-select/package.json b/packages/react-select/package.json
index 8748606c24..b3d65cb9d3 100644
--- a/packages/react-select/package.json
+++ b/packages/react-select/package.json
@@ -1,6 +1,6 @@
 {
   "name": "react-select",
-  "version": "5.0.0-beta.0",
+  "version": "5.0.0-beta.1",
   "description": "A Select control built with and for ReactJS",
   "main": "dist/react-select.cjs.js",
   "module": "dist/react-select.esm.js",