diff --git a/CHANGELOG.md b/CHANGELOG.md
index 8989a804..1be14ad3 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,12 @@
 # Changelog
 
+## [2.3.1](https://github.com/googleapis/java-grafeas/compare/v2.3.0...v2.3.1) (2022-06-23)
+
+
+### Dependencies
+
+* update dependency com.google.cloud:google-cloud-shared-dependencies to v2.13.0 ([#500](https://github.com/googleapis/java-grafeas/issues/500)) ([70c75bb](https://github.com/googleapis/java-grafeas/commit/70c75bbdb77e04d4c80ce057bb9382df117e6321))
+
 ## [2.3.0](https://github.com/googleapis/java-grafeas/compare/v2.2.4...v2.3.0) (2022-05-19)
 
 
diff --git a/pom.xml b/pom.xml
index 770fb240..3e42bd2d 100644
--- a/pom.xml
+++ b/pom.xml
@@ -5,7 +5,7 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>io.grafeas</groupId>
   <artifactId>grafeas</artifactId>
-  <version>2.3.0</version><!-- {x-version-update:grafeas:current} -->
+  <version>2.3.1</version><!-- {x-version-update:grafeas:current} -->
   <packaging>jar</packaging>
   <name>Grafeas Client</name>
   <url>https://github.com/googleapis/google-cloud-java/tree/master/google-cloud-clients/grafeas
@@ -16,7 +16,7 @@
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-shared-config</artifactId>
-    <version>1.4.0</version>
+    <version>1.5.0</version>
   </parent>
   <developers>
     <developer>
@@ -57,7 +57,7 @@
       <dependency>
         <groupId>com.google.cloud</groupId>
         <artifactId>google-cloud-shared-dependencies</artifactId>
-        <version>2.12.0</version>
+        <version>2.13.0</version>
         <type>pom</type>
         <scope>import</scope>
       </dependency>
diff --git a/versions.txt b/versions.txt
index 7518b287..e48b604b 100644
--- a/versions.txt
+++ b/versions.txt
@@ -1,4 +1,4 @@
 # Format:
 # module:released-version:current-version
 
-grafeas:2.3.0:2.3.0
+grafeas:2.3.1:2.3.1