diff --git a/gradle.properties b/gradle.properties
index 4241f4c..ba371b0 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -21,8 +21,8 @@ shadowGradlePlugin=2.0.1
 slf4jApiVersion=1.7.25
 
 # Version and base tags can be overridden at build time.
-connectorVersion=0.3.0-SNAPSHOT
-pravegaVersion=0.3.0-50.5f4d75b-SNAPSHOT
+connectorVersion=0.3.0
+pravegaVersion=0.3.0
 
 # flag to indicate if Pravega sub-module should be used instead of the version defined in 'pravegaVersion'
 usePravegaVersionSubModule=false
diff --git a/pravega b/pravega
index 5f4d75b..dbb6d4a 160000
--- a/pravega
+++ b/pravega
@@ -1 +1 @@
-Subproject commit 5f4d75b877dd1e5b5b6ab829d278e8aaae17e5d1
+Subproject commit dbb6d4a25873b583504506762a87173013f906c2