diff --git a/CHANGELOG.md b/CHANGELOG.md
index dbdbb5ae..f6cf6471 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,12 @@
 # Changelog
 
+## [0.123.5](https://github.com/googleapis/java-datalabeling/compare/v0.123.4...v0.123.5) (2022-09-15)
+
+
+### Dependencies
+
+* Update dependency com.google.cloud:google-cloud-shared-dependencies to v3.0.3 ([#785](https://github.com/googleapis/java-datalabeling/issues/785)) ([4a7865a](https://github.com/googleapis/java-datalabeling/commit/4a7865a14b7a1edeeaf3b787aff8a08ca3e310be))
+
 ## [0.123.4](https://github.com/googleapis/java-datalabeling/compare/v0.123.3...v0.123.4) (2022-09-09)
 
 
diff --git a/google-cloud-datalabeling-bom/pom.xml b/google-cloud-datalabeling-bom/pom.xml
index fcedc4a2..516e9b58 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>0.123.5-SNAPSHOT</version><!-- {x-version-update:google-cloud-datalabeling:current} -->
+  <version>0.123.5</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>0.123.5-SNAPSHOT</version><!-- {x-version-update:google-cloud-datalabeling:current} -->
+        <version>0.123.5</version><!-- {x-version-update:google-cloud-datalabeling:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>grpc-google-cloud-datalabeling-v1beta1</artifactId>
-        <version>0.88.5-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-datalabeling-v1beta1:current} -->
+        <version>0.88.5</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>0.88.5-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-datalabeling-v1beta1:current} -->
+        <version>0.88.5</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 1061f66b..0361b702 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>0.123.5-SNAPSHOT</version><!-- {x-version-update:google-cloud-datalabeling:current} -->
+  <version>0.123.5</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>0.123.5-SNAPSHOT</version><!-- {x-version-update:google-cloud-datalabeling:current} -->
+    <version>0.123.5</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 d5ded3c3..502e0ffa 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>0.88.5-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-datalabeling-v1beta1:current} -->
+  <version>0.88.5</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>0.123.5-SNAPSHOT</version><!-- {x-version-update:google-cloud-datalabeling:current} -->
+    <version>0.123.5</version><!-- {x-version-update:google-cloud-datalabeling:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/pom.xml b/pom.xml
index a23140ee..0f0ca941 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>0.123.5-SNAPSHOT</version><!-- {x-version-update:google-cloud-datalabeling:current} -->
+  <version>0.123.5</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>0.88.5-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-datalabeling-v1beta1:current} -->
+        <version>0.88.5</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>0.88.5-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-datalabeling-v1beta1:current} -->
+        <version>0.88.5</version><!-- {x-version-update:grpc-google-cloud-datalabeling-v1beta1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.cloud</groupId>
         <artifactId>google-cloud-datalabeling</artifactId>
-        <version>0.123.5-SNAPSHOT</version><!-- {x-version-update:google-cloud-datalabeling:current} -->
+        <version>0.123.5</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 32b237a5..d81eb5a2 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>0.88.5-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-datalabeling-v1beta1:current} -->
+  <version>0.88.5</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>0.123.5-SNAPSHOT</version><!-- {x-version-update:google-cloud-datalabeling:current} -->
+    <version>0.123.5</version><!-- {x-version-update:google-cloud-datalabeling:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/versions.txt b/versions.txt
index 81e669c5..faf100f0 100644
--- a/versions.txt
+++ b/versions.txt
@@ -1,6 +1,6 @@
 # Format:
 # module:released-version:current-version
 
-google-cloud-datalabeling:0.123.4:0.123.5-SNAPSHOT
-grpc-google-cloud-datalabeling-v1beta1:0.88.4:0.88.5-SNAPSHOT
-proto-google-cloud-datalabeling-v1beta1:0.88.4:0.88.5-SNAPSHOT
+google-cloud-datalabeling:0.123.5:0.123.5
+grpc-google-cloud-datalabeling-v1beta1:0.88.5:0.88.5
+proto-google-cloud-datalabeling-v1beta1:0.88.5:0.88.5