diff --git a/CHANGELOG.md b/CHANGELOG.md
index b4f5a342..f2d2e3c9 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,12 @@
 # Changelog
 
+### [0.121.2](https://www.github.com/googleapis/java-datalabeling/compare/v0.121.1...v0.121.2) (2021-08-23)
+
+
+### Dependencies
+
+* update dependency com.google.cloud:google-cloud-shared-dependencies to v2.1.0 ([#581](https://www.github.com/googleapis/java-datalabeling/issues/581)) ([e664221](https://www.github.com/googleapis/java-datalabeling/commit/e6642214225f31de1a46e964f2948fff0717bdb8))
+
 ### [0.121.1](https://www.github.com/googleapis/java-datalabeling/compare/v0.121.0...v0.121.1) (2021-08-12)
 
 
diff --git a/google-cloud-datalabeling-bom/pom.xml b/google-cloud-datalabeling-bom/pom.xml
index 86404930..0cad2c0d 100644
--- a/google-cloud-datalabeling-bom/pom.xml
+++ b/google-cloud-datalabeling-bom/pom.xml
@@ -3,7 +3,7 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-datalabeling-bom</artifactId>
-  <version>0.121.2-SNAPSHOT</version><!-- {x-version-update:google-cloud-datalabeling:current} -->
+  <version>0.121.2</version><!-- {x-version-update:google-cloud-datalabeling:current} -->
   <packaging>pom</packaging>
   <parent>
     <groupId>com.google.cloud</groupId>
@@ -52,17 +52,17 @@
       <dependency>
         <groupId>com.google.cloud</groupId>
         <artifactId>google-cloud-datalabeling</artifactId>
-        <version>0.121.2-SNAPSHOT</version><!-- {x-version-update:google-cloud-datalabeling:current} -->
+        <version>0.121.2</version><!-- {x-version-update:google-cloud-datalabeling:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>grpc-google-cloud-datalabeling-v1beta1</artifactId>
-        <version>0.86.2-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-datalabeling-v1beta1:current} -->
+        <version>0.86.2</version><!-- {x-version-update:grpc-google-cloud-datalabeling-v1beta1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>proto-google-cloud-datalabeling-v1beta1</artifactId>
-        <version>0.86.2-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-datalabeling-v1beta1:current} -->
+        <version>0.86.2</version><!-- {x-version-update:proto-google-cloud-datalabeling-v1beta1:current} -->
       </dependency>
     </dependencies>
   </dependencyManagement>
diff --git a/google-cloud-datalabeling/pom.xml b/google-cloud-datalabeling/pom.xml
index 041c02da..a49c2251 100644
--- a/google-cloud-datalabeling/pom.xml
+++ b/google-cloud-datalabeling/pom.xml
@@ -3,7 +3,7 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-datalabeling</artifactId>
-  <version>0.121.2-SNAPSHOT</version><!-- {x-version-update:google-cloud-datalabeling:current} -->
+  <version>0.121.2</version><!-- {x-version-update:google-cloud-datalabeling:current} -->
   <packaging>jar</packaging>
   <name>Google Cloud Data Labeling</name>
   <url>https://github.com/googleapis/java-datalabeling</url>
@@ -11,7 +11,7 @@
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-datalabeling-parent</artifactId>
-    <version>0.121.2-SNAPSHOT</version><!-- {x-version-update:google-cloud-datalabeling:current} -->
+    <version>0.121.2</version><!-- {x-version-update:google-cloud-datalabeling:current} -->
   </parent>
   <properties>
     <site.installationModule>google-cloud-datalabeling</site.installationModule>
diff --git a/grpc-google-cloud-datalabeling-v1beta1/pom.xml b/grpc-google-cloud-datalabeling-v1beta1/pom.xml
index da74ea0a..cc31538c 100644
--- a/grpc-google-cloud-datalabeling-v1beta1/pom.xml
+++ b/grpc-google-cloud-datalabeling-v1beta1/pom.xml
@@ -4,13 +4,13 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>grpc-google-cloud-datalabeling-v1beta1</artifactId>
-  <version>0.86.2-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-datalabeling-v1beta1:current} -->
+  <version>0.86.2</version><!-- {x-version-update:grpc-google-cloud-datalabeling-v1beta1:current} -->
   <name>grpc-google-cloud-datalabeling-v1beta1</name>
   <description>GRPC library for grpc-google-cloud-datalabeling-v1beta1</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-datalabeling-parent</artifactId>
-    <version>0.121.2-SNAPSHOT</version><!-- {x-version-update:google-cloud-datalabeling:current} -->
+    <version>0.121.2</version><!-- {x-version-update:google-cloud-datalabeling:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/pom.xml b/pom.xml
index cee279a3..d1469b88 100644
--- a/pom.xml
+++ b/pom.xml
@@ -4,7 +4,7 @@
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-datalabeling-parent</artifactId>
   <packaging>pom</packaging>
-  <version>0.121.2-SNAPSHOT</version><!-- {x-version-update:google-cloud-datalabeling:current} -->
+  <version>0.121.2</version><!-- {x-version-update:google-cloud-datalabeling:current} -->
   <name>Google Cloud Data Labeling Parent</name>
   <url>https://github.com/googleapis/java-datalabeling</url>
   <description>
@@ -61,17 +61,17 @@
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>proto-google-cloud-datalabeling-v1beta1</artifactId>
-        <version>0.86.2-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-datalabeling-v1beta1:current} -->
+        <version>0.86.2</version><!-- {x-version-update:proto-google-cloud-datalabeling-v1beta1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>grpc-google-cloud-datalabeling-v1beta1</artifactId>
-        <version>0.86.2-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-datalabeling-v1beta1:current} -->
+        <version>0.86.2</version><!-- {x-version-update:grpc-google-cloud-datalabeling-v1beta1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.cloud</groupId>
         <artifactId>google-cloud-datalabeling</artifactId>
-        <version>0.121.2-SNAPSHOT</version><!-- {x-version-update:google-cloud-datalabeling:current} -->
+        <version>0.121.2</version><!-- {x-version-update:google-cloud-datalabeling:current} -->
       </dependency>
 
       <dependency>
diff --git a/proto-google-cloud-datalabeling-v1beta1/pom.xml b/proto-google-cloud-datalabeling-v1beta1/pom.xml
index bb6d4505..72295ebd 100644
--- a/proto-google-cloud-datalabeling-v1beta1/pom.xml
+++ b/proto-google-cloud-datalabeling-v1beta1/pom.xml
@@ -4,13 +4,13 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>proto-google-cloud-datalabeling-v1beta1</artifactId>
-  <version>0.86.2-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-datalabeling-v1beta1:current} -->
+  <version>0.86.2</version><!-- {x-version-update:proto-google-cloud-datalabeling-v1beta1:current} -->
   <name>proto-google-cloud-datalabeling-v1beta1</name>
   <description>PROTO library for proto-google-cloud-datalabeling-v1beta1</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-datalabeling-parent</artifactId>
-    <version>0.121.2-SNAPSHOT</version><!-- {x-version-update:google-cloud-datalabeling:current} -->
+    <version>0.121.2</version><!-- {x-version-update:google-cloud-datalabeling:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/versions.txt b/versions.txt
index d66d4d5e..ce469ed3 100644
--- a/versions.txt
+++ b/versions.txt
@@ -1,6 +1,6 @@
 # Format:
 # module:released-version:current-version
 
-google-cloud-datalabeling:0.121.1:0.121.2-SNAPSHOT
-grpc-google-cloud-datalabeling-v1beta1:0.86.1:0.86.2-SNAPSHOT
-proto-google-cloud-datalabeling-v1beta1:0.86.1:0.86.2-SNAPSHOT
+google-cloud-datalabeling:0.121.2:0.121.2
+grpc-google-cloud-datalabeling-v1beta1:0.86.2:0.86.2
+proto-google-cloud-datalabeling-v1beta1:0.86.2:0.86.2