diff --git a/CHANGELOG.md b/CHANGELOG.md
index 7df5bb20..b4f5a342 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,12 @@
 # Changelog
 
+### [0.121.1](https://www.github.com/googleapis/java-datalabeling/compare/v0.121.0...v0.121.1) (2021-08-12)
+
+
+### Dependencies
+
+* update dependency com.google.cloud:google-cloud-shared-dependencies to v2.0.1 ([#572](https://www.github.com/googleapis/java-datalabeling/issues/572)) ([d6855ae](https://www.github.com/googleapis/java-datalabeling/commit/d6855ae33c6282d510fd5acb5b78f6eb3072e60d))
+
 ## [0.121.0](https://www.github.com/googleapis/java-datalabeling/compare/v0.120.2...v0.121.0) (2021-08-06)
 
 
diff --git a/README.md b/README.md
index 2037a423..84bdd695 100644
--- a/README.md
+++ b/README.md
@@ -59,13 +59,13 @@ compile 'com.google.cloud:google-cloud-datalabeling'
 If you are using Gradle without BOM, add this to your dependencies
 
 ```Groovy
-compile 'com.google.cloud:google-cloud-datalabeling:0.120.2'
+compile 'com.google.cloud:google-cloud-datalabeling:0.121.0'
 ```
 
 If you are using SBT, add this to your dependencies
 
 ```Scala
-libraryDependencies += "com.google.cloud" % "google-cloud-datalabeling" % "0.120.2"
+libraryDependencies += "com.google.cloud" % "google-cloud-datalabeling" % "0.121.0"
 ```
 
 ## Authentication
diff --git a/google-cloud-datalabeling-bom/pom.xml b/google-cloud-datalabeling-bom/pom.xml
index ec2bcd3c..7495b9da 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>0.121.0</version><!-- {x-version-update:google-cloud-datalabeling:current} -->
+  <version>0.121.1</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>0.121.0</version><!-- {x-version-update:google-cloud-datalabeling:current} -->
+        <version>0.121.1</version><!-- {x-version-update:google-cloud-datalabeling:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>grpc-google-cloud-datalabeling-v1beta1</artifactId>
-        <version>0.86.0</version><!-- {x-version-update:grpc-google-cloud-datalabeling-v1beta1:current} -->
+        <version>0.86.1</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>0.86.0</version><!-- {x-version-update:proto-google-cloud-datalabeling-v1beta1:current} -->
+        <version>0.86.1</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 c58ae10c..3336e293 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>0.121.0</version><!-- {x-version-update:google-cloud-datalabeling:current} -->
+  <version>0.121.1</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>0.121.0</version><!-- {x-version-update:google-cloud-datalabeling:current} -->
+    <version>0.121.1</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 a8d78f32..48f943a8 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>0.86.0</version><!-- {x-version-update:grpc-google-cloud-datalabeling-v1beta1:current} -->
+  <version>0.86.1</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>0.121.0</version><!-- {x-version-update:google-cloud-datalabeling:current} -->
+    <version>0.121.1</version><!-- {x-version-update:google-cloud-datalabeling:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/pom.xml b/pom.xml
index 4995c6c7..ad6e240f 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>0.121.0</version><!-- {x-version-update:google-cloud-datalabeling:current} -->
+  <version>0.121.1</version><!-- {x-version-update:google-cloud-datalabeling:current} -->
   <name>Google Cloud Data Labeling Parent</name>
   <url>https://github.com/googleapis/java-datalabeling</url>
   <description>
@@ -61,23 +61,23 @@
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>proto-google-cloud-datalabeling-v1beta1</artifactId>
-        <version>0.86.0</version><!-- {x-version-update:proto-google-cloud-datalabeling-v1beta1:current} -->
+        <version>0.86.1</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>0.86.0</version><!-- {x-version-update:grpc-google-cloud-datalabeling-v1beta1:current} -->
+        <version>0.86.1</version><!-- {x-version-update:grpc-google-cloud-datalabeling-v1beta1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.cloud</groupId>
         <artifactId>google-cloud-datalabeling</artifactId>
-        <version>0.121.0</version><!-- {x-version-update:google-cloud-datalabeling:current} -->
+        <version>0.121.1</version><!-- {x-version-update:google-cloud-datalabeling:current} -->
       </dependency>
 
       <dependency>
         <groupId>com.google.cloud</groupId>
         <artifactId>google-cloud-shared-dependencies</artifactId>
-        <version>2.0.0</version>
+        <version>2.0.1</version>
         <type>pom</type>
         <scope>import</scope>
       </dependency>
diff --git a/proto-google-cloud-datalabeling-v1beta1/pom.xml b/proto-google-cloud-datalabeling-v1beta1/pom.xml
index 17cbfe6d..4019d5e9 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>0.86.0</version><!-- {x-version-update:proto-google-cloud-datalabeling-v1beta1:current} -->
+  <version>0.86.1</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>0.121.0</version><!-- {x-version-update:google-cloud-datalabeling:current} -->
+    <version>0.121.1</version><!-- {x-version-update:google-cloud-datalabeling:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/versions.txt b/versions.txt
index b8911b08..726c5eed 100644
--- a/versions.txt
+++ b/versions.txt
@@ -1,6 +1,6 @@
 # Format:
 # module:released-version:current-version
 
-google-cloud-datalabeling:0.121.0:0.121.0
-grpc-google-cloud-datalabeling-v1beta1:0.86.0:0.86.0
-proto-google-cloud-datalabeling-v1beta1:0.86.0:0.86.0
+google-cloud-datalabeling:0.121.1:0.121.1
+grpc-google-cloud-datalabeling-v1beta1:0.86.1:0.86.1
+proto-google-cloud-datalabeling-v1beta1:0.86.1:0.86.1