diff --git a/CHANGELOG.md b/CHANGELOG.md
index 4c8931b..e44046f 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,12 @@
 # Changelog
 
+### [1.2.1](https://www.github.com/googleapis/java-orgpolicy/compare/v1.2.0...v1.2.1) (2021-06-04)
+
+
+### Dependencies
+
+* update dependency com.google.cloud:google-cloud-shared-dependencies to v1.3.0 ([#201](https://www.github.com/googleapis/java-orgpolicy/issues/201)) ([63b5714](https://www.github.com/googleapis/java-orgpolicy/commit/63b5714213e3292093b17a2cc6ee73ad8d1b2629))
+
 ## [1.2.0](https://www.github.com/googleapis/java-orgpolicy/compare/v1.1.5...v1.2.0) (2021-05-25)
 
 
diff --git a/README.md b/README.md
index 6d72a8a..a98b627 100644
--- a/README.md
+++ b/README.md
@@ -25,11 +25,11 @@ If you are using Maven, add this to your pom.xml file:
 
 If you are using Gradle, add this to your dependencies
 ```Groovy
-compile 'com.google.api.grpc:proto-google-cloud-orgpolicy-v1:1.2.0'
+compile 'com.google.api.grpc:proto-google-cloud-orgpolicy-v1:1.2.1'
 ```
 If you are using SBT, add this to your dependencies
 ```Scala
-libraryDependencies += "com.google.api.grpc" % "proto-google-cloud-orgpolicy-v1" % "1.2.0"
+libraryDependencies += "com.google.api.grpc" % "proto-google-cloud-orgpolicy-v1" % "1.2.1"
 ```
 [//]: # ({x-version-update-end})
 
diff --git a/google-cloud-orgpolicy-bom/pom.xml b/google-cloud-orgpolicy-bom/pom.xml
index 80d65ba..0fcb2fc 100644
--- a/google-cloud-orgpolicy-bom/pom.xml
+++ b/google-cloud-orgpolicy-bom/pom.xml
@@ -4,7 +4,7 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-orgpolicy-bom</artifactId>
-  <version>1.2.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-orgpolicy:current} -->
+  <version>1.2.1</version><!-- {x-version-update:google-cloud-orgpolicy:current} -->
   <packaging>pom</packaging>
   <parent>
     <groupId>com.google.cloud</groupId>
@@ -66,22 +66,22 @@
       <dependency>
         <groupId>com.google.cloud</groupId>
         <artifactId>google-cloud-orgpolicy</artifactId>
-        <version>1.2.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-orgpolicy:current} -->
+        <version>1.2.1</version><!-- {x-version-update:google-cloud-orgpolicy:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>proto-google-cloud-orgpolicy-v1</artifactId>
-        <version>1.2.1-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-orgpolicy-v1:current} -->
+        <version>1.2.1</version><!-- {x-version-update:proto-google-cloud-orgpolicy-v1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>proto-google-cloud-orgpolicy-v2</artifactId>
-        <version>1.2.1-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-orgpolicy-v2:current} -->
+        <version>1.2.1</version><!-- {x-version-update:proto-google-cloud-orgpolicy-v2:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>grpc-google-cloud-orgpolicy-v2</artifactId>
-        <version>1.2.1-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-orgpolicy-v2:current} -->
+        <version>1.2.1</version><!-- {x-version-update:grpc-google-cloud-orgpolicy-v2:current} -->
       </dependency>
     </dependencies>
   </dependencyManagement>
diff --git a/google-cloud-orgpolicy/pom.xml b/google-cloud-orgpolicy/pom.xml
index 9b149f6..aca6ade 100644
--- a/google-cloud-orgpolicy/pom.xml
+++ b/google-cloud-orgpolicy/pom.xml
@@ -4,7 +4,7 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-orgpolicy</artifactId>
-  <version>1.2.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-orgpolicy:current} -->
+  <version>1.2.1</version><!-- {x-version-update:google-cloud-orgpolicy:current} -->
   <name>Google Cloud Org Policy</name>
   <description>The Org Policy API allows users to configure governance rules on
     their GCP resources across the Cloud Resource Hierarchy.
@@ -12,7 +12,7 @@
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-orgpolicy-parent</artifactId>
-    <version>1.2.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-orgpolicy:current} -->
+    <version>1.2.1</version><!-- {x-version-update:google-cloud-orgpolicy:current} -->
   </parent>
   <properties>
     <site.installationModule>google-cloud-orgpolicy</site.installationModule>
diff --git a/grpc-google-cloud-orgpolicy-v2/pom.xml b/grpc-google-cloud-orgpolicy-v2/pom.xml
index bc67904..95dc046 100644
--- a/grpc-google-cloud-orgpolicy-v2/pom.xml
+++ b/grpc-google-cloud-orgpolicy-v2/pom.xml
@@ -4,13 +4,13 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>grpc-google-cloud-orgpolicy-v2</artifactId>
-  <version>1.2.1-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-orgpolicy-v2:current} -->
+  <version>1.2.1</version><!-- {x-version-update:grpc-google-cloud-orgpolicy-v2:current} -->
   <name>grpc-google-cloud-orgpolicy-v2</name>
   <description>GRPC library for grpc-google-cloud-orgpolicy-v2</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-orgpolicy-parent</artifactId>
-    <version>1.2.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-orgpolicy:current} -->
+    <version>1.2.1</version><!-- {x-version-update:google-cloud-orgpolicy:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/pom.xml b/pom.xml
index ca8e7da..6839da4 100644
--- a/pom.xml
+++ b/pom.xml
@@ -4,7 +4,7 @@
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-orgpolicy-parent</artifactId>
   <packaging>pom</packaging>
-  <version>1.2.1-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-orgpolicy-v1:current} -->
+  <version>1.2.1</version><!-- {x-version-update:proto-google-cloud-orgpolicy-v1:current} -->
   <name>Google Cloud Org Policy Parent</name>
   <url>https://github.com/googleapis/java-orgpolicy</url>
   <description>
@@ -70,22 +70,22 @@
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>google-cloud-orgpolicy</artifactId>
-        <version>1.2.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-orgpolicy:current} -->
+        <version>1.2.1</version><!-- {x-version-update:google-cloud-orgpolicy:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>proto-google-cloud-orgpolicy-v1</artifactId>
-        <version>1.2.1-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-orgpolicy-v1:current} -->
+        <version>1.2.1</version><!-- {x-version-update:proto-google-cloud-orgpolicy-v1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>proto-google-cloud-orgpolicy-v2</artifactId>
-        <version>1.2.1-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-orgpolicy-v2:current} -->
+        <version>1.2.1</version><!-- {x-version-update:proto-google-cloud-orgpolicy-v2:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>grpc-google-cloud-orgpolicy-v2</artifactId>
-        <version>1.2.1-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-orgpolicy-v2:current} -->
+        <version>1.2.1</version><!-- {x-version-update:grpc-google-cloud-orgpolicy-v2:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.cloud</groupId>
diff --git a/proto-google-cloud-orgpolicy-v1/pom.xml b/proto-google-cloud-orgpolicy-v1/pom.xml
index 363a9b3..e90bbe5 100644
--- a/proto-google-cloud-orgpolicy-v1/pom.xml
+++ b/proto-google-cloud-orgpolicy-v1/pom.xml
@@ -4,13 +4,13 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>proto-google-cloud-orgpolicy-v1</artifactId>
-  <version>1.2.1-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-orgpolicy-v1:current} -->
+  <version>1.2.1</version><!-- {x-version-update:proto-google-cloud-orgpolicy-v1:current} -->
   <name>proto-google-cloud-orgpolicy-v1</name>
   <description>PROTO library for proto-google-cloud-orgpolicy-v1</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-orgpolicy-parent</artifactId>
-    <version>1.2.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-orgpolicy:current} -->
+    <version>1.2.1</version><!-- {x-version-update:google-cloud-orgpolicy:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/proto-google-cloud-orgpolicy-v2/pom.xml b/proto-google-cloud-orgpolicy-v2/pom.xml
index 265f10f..7defbc8 100644
--- a/proto-google-cloud-orgpolicy-v2/pom.xml
+++ b/proto-google-cloud-orgpolicy-v2/pom.xml
@@ -4,13 +4,13 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>proto-google-cloud-orgpolicy-v2</artifactId>
-  <version>1.2.1-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-orgpolicy-v2:current} -->
+  <version>1.2.1</version><!-- {x-version-update:proto-google-cloud-orgpolicy-v2:current} -->
   <name>proto-google-cloud-orgpolicy-v2</name>
   <description>PROTO library for proto-google-cloud-orgpolicy-v2</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-orgpolicy-parent</artifactId>
-    <version>1.2.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-orgpolicy:current} -->
+    <version>1.2.1</version><!-- {x-version-update:google-cloud-orgpolicy:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/versions.txt b/versions.txt
index 574e27e..260e912 100644
--- a/versions.txt
+++ b/versions.txt
@@ -1,7 +1,7 @@
 # Format:
 # module:released-version:current-version
 
-google-cloud-orgpolicy:1.2.0:1.2.1-SNAPSHOT
-proto-google-cloud-orgpolicy-v1:1.2.0:1.2.1-SNAPSHOT
-proto-google-cloud-orgpolicy-v2:1.2.0:1.2.1-SNAPSHOT
-grpc-google-cloud-orgpolicy-v2:1.2.0:1.2.1-SNAPSHOT
+google-cloud-orgpolicy:1.2.1:1.2.1
+proto-google-cloud-orgpolicy-v1:1.2.1:1.2.1
+proto-google-cloud-orgpolicy-v2:1.2.1:1.2.1
+grpc-google-cloud-orgpolicy-v2:1.2.1:1.2.1