diff --git a/gradle.properties b/gradle.properties
index 4d636065..b5ad5e13 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -1,6 +1,6 @@
 org.gradle.caching=true
 group=io.ballerina.stdlib
-version=3.4.0-SNAPSHOT
+version=3.4.0
 ballerinaLangVersion=2201.4.0
 stdlibTaskVersion=2.3.0
 stdlibTimeVersion=2.2.3