Lyman-break galaxies at z~5 -I. First significant stellar mass assembly in galaxies that are not simply z~3 LBGs at higher redshift

We determine the ensemble properties of z~5 Lyman break galaxies (LBGs) selected as V-band dropouts to i(AB)<26.3 in the Chandra Deep Field South using their rest-frame UV-to-visible SEDs. By matching the selection and performing the same analysis that has been used for z~3 samples, we show clear differences in the properties of two samples of LBGs which are separated by ~1Gyr in lookback time. We find that z~5 LBGs are typically much younger (<100Myr) and have lower stellar masses (10^9Msol) than their z~3 counterparts. The difference in mass is significant even when considering the presence of an older, underlying population in both samples. Such young and moderately massive systems dominate the luminous z~5 LBG population (>70%), whereas they comprise