diff --git a/gradle.properties b/gradle.properties
index bea318e1..8915dbe4 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -1,6 +1,6 @@
 org.gradle.caching=true
 group=io.ballerina.stdlib
-version=1.3.0-SNAPSHOT
+version=1.3.0
 ballerinaLangVersion=2201.0.4
 
 testngVersion=7.4.0