diff --git a/CHANGELOG.md b/CHANGELOG.md
index 68bf90d4..7af64bd8 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,12 @@
 # Changelog
 
+### [0.3.1](https://www.github.com/googleapis/java-networkconnectivity/compare/v0.3.0...v0.3.1) (2021-07-01)
+
+
+### Dependencies
+
+* update dependency com.google.cloud:google-cloud-shared-dependencies to v1.4.0 ([#94](https://www.github.com/googleapis/java-networkconnectivity/issues/94)) ([daa9ee9](https://www.github.com/googleapis/java-networkconnectivity/commit/daa9ee9040d2a161ec5e156955015d2e0358bd44))
+
 ## [0.3.0](https://www.github.com/googleapis/java-networkconnectivity/compare/v0.2.3...v0.3.0) (2021-06-23)
 
 
diff --git a/google-cloud-networkconnectivity-bom/pom.xml b/google-cloud-networkconnectivity-bom/pom.xml
index a301a397..7e63f023 100644
--- a/google-cloud-networkconnectivity-bom/pom.xml
+++ b/google-cloud-networkconnectivity-bom/pom.xml
@@ -3,7 +3,7 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-networkconnectivity-bom</artifactId>
-  <version>0.3.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-networkconnectivity:current} -->
+  <version>0.3.1</version><!-- {x-version-update:google-cloud-networkconnectivity:current} -->
   <packaging>pom</packaging>
   <parent>
     <groupId>com.google.cloud</groupId>
@@ -68,17 +68,17 @@
       <dependency>
         <groupId>com.google.cloud</groupId>
         <artifactId>google-cloud-networkconnectivity</artifactId>
-        <version>0.3.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-networkconnectivity:current} -->
+        <version>0.3.1</version><!-- {x-version-update:google-cloud-networkconnectivity:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>proto-google-cloud-networkconnectivity-v1alpha1</artifactId>
-        <version>0.3.1-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-networkconnectivity-v1alpha1:current} -->
+        <version>0.3.1</version><!-- {x-version-update:proto-google-cloud-networkconnectivity-v1alpha1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>grpc-google-cloud-networkconnectivity-v1alpha1</artifactId>
-        <version>0.3.1-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-networkconnectivity-v1alpha1:current} -->
+        <version>0.3.1</version><!-- {x-version-update:grpc-google-cloud-networkconnectivity-v1alpha1:current} -->
       </dependency>
     </dependencies>
   </dependencyManagement>
diff --git a/google-cloud-networkconnectivity/pom.xml b/google-cloud-networkconnectivity/pom.xml
index 22442dbf..0ea94fa5 100644
--- a/google-cloud-networkconnectivity/pom.xml
+++ b/google-cloud-networkconnectivity/pom.xml
@@ -3,7 +3,7 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-networkconnectivity</artifactId>
-  <version>0.3.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-networkconnectivity:current} -->
+  <version>0.3.1</version><!-- {x-version-update:google-cloud-networkconnectivity:current} -->
   <packaging>jar</packaging>
   <name>Google Network Connectivity Center</name>
   <url>https://github.com/googleapis/java-networkconnectivity</url>
@@ -11,7 +11,7 @@
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-networkconnectivity-parent</artifactId>
-    <version>0.3.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-networkconnectivity:current} -->
+    <version>0.3.1</version><!-- {x-version-update:google-cloud-networkconnectivity:current} -->
   </parent>
   <properties>
     <site.installationModule>google-cloud-networkconnectivity</site.installationModule>
diff --git a/grpc-google-cloud-networkconnectivity-v1alpha1/pom.xml b/grpc-google-cloud-networkconnectivity-v1alpha1/pom.xml
index 4f45d69a..febb6642 100644
--- a/grpc-google-cloud-networkconnectivity-v1alpha1/pom.xml
+++ b/grpc-google-cloud-networkconnectivity-v1alpha1/pom.xml
@@ -4,13 +4,13 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>grpc-google-cloud-networkconnectivity-v1alpha1</artifactId>
-  <version>0.3.1-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-networkconnectivity-v1alpha1:current} -->
+  <version>0.3.1</version><!-- {x-version-update:grpc-google-cloud-networkconnectivity-v1alpha1:current} -->
   <name>grpc-google-cloud-networkconnectivity-v1alpha1</name>
   <description>GRPC library for google-cloud-networkconnectivity</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-networkconnectivity-parent</artifactId>
-    <version>0.3.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-networkconnectivity:current} -->
+    <version>0.3.1</version><!-- {x-version-update:google-cloud-networkconnectivity:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/pom.xml b/pom.xml
index 552eb29e..df715c30 100644
--- a/pom.xml
+++ b/pom.xml
@@ -4,7 +4,7 @@
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-networkconnectivity-parent</artifactId>
   <packaging>pom</packaging>
-  <version>0.3.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-networkconnectivity:current} -->
+  <version>0.3.1</version><!-- {x-version-update:google-cloud-networkconnectivity:current} -->
   <name>Google Network Connectivity Center Parent</name>
   <url>https://github.com/googleapis/java-</url>
   <description>
@@ -70,17 +70,17 @@
       <dependency>
         <groupId>com.google.cloud</groupId>
         <artifactId>google-cloud-networkconnectivity</artifactId>
-        <version>0.3.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-networkconnectivity:current} -->
+        <version>0.3.1</version><!-- {x-version-update:google-cloud-networkconnectivity:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>proto-google-cloud-networkconnectivity-v1alpha1</artifactId>
-        <version>0.3.1-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-networkconnectivity-v1alpha1:current} -->
+        <version>0.3.1</version><!-- {x-version-update:proto-google-cloud-networkconnectivity-v1alpha1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>grpc-google-cloud-networkconnectivity-v1alpha1</artifactId>
-        <version>0.3.1-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-networkconnectivity-v1alpha1:current} -->
+        <version>0.3.1</version><!-- {x-version-update:grpc-google-cloud-networkconnectivity-v1alpha1:current} -->
       </dependency>
 
       <dependency>
diff --git a/proto-google-cloud-networkconnectivity-v1alpha1/pom.xml b/proto-google-cloud-networkconnectivity-v1alpha1/pom.xml
index 2d3945af..f5f88ccc 100644
--- a/proto-google-cloud-networkconnectivity-v1alpha1/pom.xml
+++ b/proto-google-cloud-networkconnectivity-v1alpha1/pom.xml
@@ -4,13 +4,13 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>proto-google-cloud-networkconnectivity-v1alpha1</artifactId>
-  <version>0.3.1-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-networkconnectivity-v1alpha1:current} -->
+  <version>0.3.1</version><!-- {x-version-update:proto-google-cloud-networkconnectivity-v1alpha1:current} -->
   <name>proto-google-cloud-networkconnectivity-v1alpha1</name>
   <description>Proto library for google-cloud-networkconnectivity</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-networkconnectivity-parent</artifactId>
-    <version>0.3.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-networkconnectivity:current} -->
+    <version>0.3.1</version><!-- {x-version-update:google-cloud-networkconnectivity:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/versions.txt b/versions.txt
index 51cfebe9..475e12f1 100644
--- a/versions.txt
+++ b/versions.txt
@@ -1,6 +1,6 @@
 # Format:
 # module:released-version:current-version
 
-google-cloud-networkconnectivity:0.3.0:0.3.1-SNAPSHOT
-proto-google-cloud-networkconnectivity-v1alpha1:0.3.0:0.3.1-SNAPSHOT
-grpc-google-cloud-networkconnectivity-v1alpha1:0.3.0:0.3.1-SNAPSHOT
\ No newline at end of file
+google-cloud-networkconnectivity:0.3.1:0.3.1
+proto-google-cloud-networkconnectivity-v1alpha1:0.3.1:0.3.1
+grpc-google-cloud-networkconnectivity-v1alpha1:0.3.1:0.3.1
\ No newline at end of file