diff --git a/grace-bootstrap/src/test/groovy/grails/util/GrailsUtilTests.java b/grace-bootstrap/src/test/groovy/grails/util/GrailsUtilTests.java
index f57d5d740f..c76ef6f0ef 100644
--- a/grace-bootstrap/src/test/groovy/grails/util/GrailsUtilTests.java
+++ b/grace-bootstrap/src/test/groovy/grails/util/GrailsUtilTests.java
@@ -29,7 +29,7 @@ public class GrailsUtilTests {
 
     @Test
     public void testGrailsVersion() {
-        assertEquals("2023.0.1-SNAPSHOT", GrailsUtil.getGrailsVersion());
+        assertEquals("2023.0.1", GrailsUtil.getGrailsVersion());
     }
 
     @AfterEach
diff --git a/gradle.properties b/gradle.properties
index eb2f8536c5..3e40a3b799 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -1,4 +1,4 @@
-projectVersion=2023.0.1-SNAPSHOT
+projectVersion=2023.0.1
 gradleExtraConfigurationsPluginVersion=9.0.0
 gradleNexusPublishPluginVersion=1.3.0
 gradleSdkVendorVersion=3.0.0