diff --git a/buildSrc/src/main/groovy/org/apache/beam/gradle/BeamModulePlugin.groovy b/buildSrc/src/main/groovy/org/apache/beam/gradle/BeamModulePlugin.groovy
index 4b70a5dec0c3..ce5437953cfb 100644
--- a/buildSrc/src/main/groovy/org/apache/beam/gradle/BeamModulePlugin.groovy
+++ b/buildSrc/src/main/groovy/org/apache/beam/gradle/BeamModulePlugin.groovy
@@ -398,7 +398,7 @@ class BeamModulePlugin implements Plugin<Project> {
 
     // Automatically use the official release version if we are performing a release
     // otherwise append '-SNAPSHOT'
-    project.version = '200.45.12.3'
+    project.version = '200.45.12.4'
     if (isLinkedin(project)) {
       project.ext.mavenGroupId = 'com.linkedin.beam'
     }
diff --git a/gradle.properties b/gradle.properties
index 022762322150..e3fea220f7fc 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -30,8 +30,8 @@ signing.gnupg.useLegacyGpg=true
 # buildSrc/src/main/groovy/org/apache/beam/gradle/BeamModulePlugin.groovy.
 # To build a custom Beam version make sure you change it in both places, see
 # https://github.com/apache/beam/issues/21302.
-version=200.45.12.3
-sdk_version=200.45.12.3
+version=200.45.12.4
+sdk_version=200.45.12.4
 
 javaVersion=1.8
 
diff --git a/sdks/python/apache_beam/version.py b/sdks/python/apache_beam/version.py
index 44c2436ba82a..2ef734f128cd 100644
--- a/sdks/python/apache_beam/version.py
+++ b/sdks/python/apache_beam/version.py
@@ -17,4 +17,4 @@
 
 """Apache Beam SDK version information and utilities."""
 
-__version__ = '200.45.12.3\'
+__version__ = '200.45.12.4'