diff --git a/gradle.properties b/gradle.properties
index 83a5c89a..a5bef46d 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -1,6 +1,6 @@
 org.gradle.caching=true
 group=org.ballerinalang
-version=1.0.1-SNAPSHOT
+version=1.0.1
 ballerinaLangVersion=2.0.0-Preview5
 
 puppycrawlCheckstyleVersion=8.18