diff --git a/bundle/manifests/dns-operator.clusterserviceversion.yaml b/bundle/manifests/dns-operator.clusterserviceversion.yaml
index fa685547..0cd7bdef 100644
--- a/bundle/manifests/dns-operator.clusterserviceversion.yaml
+++ b/bundle/manifests/dns-operator.clusterserviceversion.yaml
@@ -55,14 +55,14 @@ metadata:
       ]
     capabilities: Basic Install
     categories: Integration & Delivery
-    containerImage: quay.io/kuadrant/dns-operator:latest
-    createdAt: "2024-03-11T14:53:47Z"
+    containerImage: quay.io/kuadrant/dns-operator:release-0.2
+    createdAt: "2024-03-14T15:54:27Z"
     description: A Kubernetes Operator to manage the lifecycle of DNS resources
     operators.operatorframework.io/builder: operator-sdk-v1.33.0
     operators.operatorframework.io/project_layout: go.kubebuilder.io/v4
     repository: https://github.com/kuadrant/dns-operator
     support: kuadrant
-  name: dns-operator.v0.0.0
+  name: dns-operator.v0.2.0-dev
   namespace: placeholder
 spec:
   apiservicedefinitions: {}
@@ -177,7 +177,7 @@ spec:
                 - --leader-elect
                 command:
                 - /manager
-                image: quay.io/kuadrant/dns-operator:latest
+                image: quay.io/kuadrant/dns-operator:release-0.2
                 livenessProbe:
                   httpGet:
                     path: /healthz
@@ -271,4 +271,5 @@ spec:
   minKubeVersion: 1.8.0
   provider:
     name: Red Hat
-  version: 0.0.0
+  replaces: dns-operator.v0.1.0
+  version: 0.2.0-dev
diff --git a/config/manager/kustomization.yaml b/config/manager/kustomization.yaml
index a2d3dac0..db5d3e8e 100644
--- a/config/manager/kustomization.yaml
+++ b/config/manager/kustomization.yaml
@@ -7,4 +7,4 @@ kind: Kustomization
 images:
 - name: controller
   newName: quay.io/kuadrant/dns-operator
-  newTag: latest
+  newTag: release-0.2
diff --git a/config/manifests/bases/dns-operator.clusterserviceversion.yaml b/config/manifests/bases/dns-operator.clusterserviceversion.yaml
index 2c8461a7..7961e856 100644
--- a/config/manifests/bases/dns-operator.clusterserviceversion.yaml
+++ b/config/manifests/bases/dns-operator.clusterserviceversion.yaml
@@ -5,11 +5,11 @@ metadata:
     alm-examples: '[]'
     capabilities: Basic Install
     categories: Integration & Delivery
-    containerImage: quay.io/kuadrant/dns-operator:latest
+    containerImage: quay.io/kuadrant/dns-operator:release-0.2
     description: A Kubernetes Operator to manage the lifecycle of DNS resources
     repository: https://github.com/kuadrant/dns-operator
     support: kuadrant
-  name: dns-operator.v0.0.0
+  name: dns-operator.v0.2.0-dev
   namespace: placeholder
 spec:
   apiservicedefinitions: {}
@@ -60,4 +60,5 @@ spec:
   minKubeVersion: 1.8.0
   provider:
     name: Red Hat
-  version: 0.0.0
+  replaces: dns-operator.v0.1.0
+  version: 0.2.0-dev
diff --git a/make/release.mk b/make/release.mk
index 84e91810..ecaefbda 100644
--- a/make/release.mk
+++ b/make/release.mk
@@ -1,5 +1,7 @@
 #Release default values
 IMG=quay.io/kuadrant/dns-operator:release-0.2
+BUNDLE_IMG=quay.io/kuadrant/dns-operator-bundle:release-0.2
+CATALOG_IMG=quay.io/kuadrant/dns-operator-catalog:release-0.2
 CHANNELS=alpha
 VERSION=0.2.0-dev
 REPLACES_VERSION=0.1.0