diff --git a/java/format/pom.xml b/java/format/pom.xml
index eb045d655e982..055df5b2b0622 100644
--- a/java/format/pom.xml
+++ b/java/format/pom.xml
@@ -15,7 +15,7 @@
 <parent>
   <artifactId>arrow-java-root</artifactId>
   <groupId>org.apache.arrow</groupId>
-  <version>0.1.1-SNAPSHOT</version>
+  <version>0.2.0</version>
 </parent>
 
 <artifactId>arrow-format</artifactId>
diff --git a/java/memory/pom.xml b/java/memory/pom.xml
index a4eb65228febf..a3085aa506f65 100644
--- a/java/memory/pom.xml
+++ b/java/memory/pom.xml
@@ -14,7 +14,7 @@
   <parent>
     <groupId>org.apache.arrow</groupId>
     <artifactId>arrow-java-root</artifactId>
-    <version>0.1.1-SNAPSHOT</version>
+    <version>0.2.0</version>
   </parent>
   <artifactId>arrow-memory</artifactId>
   <name>Arrow Memory</name>
diff --git a/java/pom.xml b/java/pom.xml
index e467cc185be06..ea0d0297ac3b4 100644
--- a/java/pom.xml
+++ b/java/pom.xml
@@ -20,7 +20,7 @@
 
   <groupId>org.apache.arrow</groupId>
   <artifactId>arrow-java-root</artifactId>
-  <version>0.1.1-SNAPSHOT</version>
+  <version>0.2.0</version>
   <packaging>pom</packaging>
 
   <name>Apache Arrow Java Root POM</name>
@@ -41,7 +41,7 @@
     <connection>scm:git:https://git-wip-us.apache.org/repos/asf/arrow.git</connection>
     <developerConnection>scm:git:https://git-wip-us.apache.org/repos/asf/arrow.git</developerConnection>
     <url>https://github.com/apache/arrow</url>
-    <tag>HEAD</tag>
+    <tag>apache-arrow-0.2.0</tag>
   </scm>
 
   <mailingLists>
diff --git a/java/tools/pom.xml b/java/tools/pom.xml
index ef96328f7668a..7271778aea9ad 100644
--- a/java/tools/pom.xml
+++ b/java/tools/pom.xml
@@ -14,7 +14,7 @@
     <parent>
         <groupId>org.apache.arrow</groupId>
         <artifactId>arrow-java-root</artifactId>
-        <version>0.1.1-SNAPSHOT</version>
+        <version>0.2.0</version>
     </parent>
     <artifactId>arrow-tools</artifactId>
     <name>Arrow Tools</name>
diff --git a/java/vector/pom.xml b/java/vector/pom.xml
index 8517d4ced80f1..8ac42531e7f68 100644
--- a/java/vector/pom.xml
+++ b/java/vector/pom.xml
@@ -14,7 +14,7 @@
   <parent>
     <groupId>org.apache.arrow</groupId>
     <artifactId>arrow-java-root</artifactId>
-    <version>0.1.1-SNAPSHOT</version>
+    <version>0.2.0</version>
   </parent>
   <artifactId>arrow-vector</artifactId>
   <name>Arrow Vectors</name>