diff --git a/CHANGELOG.md b/CHANGELOG.md
index 23de7aeeb..ffdbc775c 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,18 @@
 # Changelog
 
+### [0.3.1](https://www.github.com/googleapis/java-pubsublite/compare/v0.3.0...v0.3.1) (2020-09-10)
+
+
+### Bug Fixes
+
+* Create a pool of Channels for each target. ([36b472b](https://www.github.com/googleapis/java-pubsublite/commit/36b472b95b39c6bd4af6514c2eae2c38254987e6))
+* Split retryable codes for streams, and retry RESOURCE_EXHAUSTED errors. ([e4efe0b](https://www.github.com/googleapis/java-pubsublite/commit/e4efe0b10c55df4be66842ec3bad7055db579df5))
+
+
+### Documentation
+
+* Update samples for v0.3.0 ([#235](https://www.github.com/googleapis/java-pubsublite/issues/235)) ([61b1981](https://www.github.com/googleapis/java-pubsublite/commit/61b1981f528c0a3302b65be2746983b852abe95e))
+
 ## [0.3.0](https://www.github.com/googleapis/java-pubsublite/compare/v0.2.0...v0.3.0) (2020-09-03)
 
 
diff --git a/README.md b/README.md
old mode 100755
new mode 100644
index d4dfc141e..8b1c80af3
--- a/README.md
+++ b/README.md
@@ -41,11 +41,11 @@ If you are using Maven, add this to your pom.xml file:
 
 If you are using Gradle, add this to your dependencies
 ```Groovy
-compile 'com.google.cloud:google-cloud-pubsublite:0.3.0'
+compile 'com.google.cloud:google-cloud-pubsublite:0.3.1'
 ```
 If you are using SBT, add this to your dependencies
 ```Scala
-libraryDependencies += "com.google.cloud" % "google-cloud-pubsublite" % "0.3.0"
+libraryDependencies += "com.google.cloud" % "google-cloud-pubsublite" % "0.3.1"
 ```
 [//]: # ({x-version-update-end})
 
diff --git a/google-cloud-pubsublite/pom.xml b/google-cloud-pubsublite/pom.xml
index ae4635809..8ada3b958 100644
--- a/google-cloud-pubsublite/pom.xml
+++ b/google-cloud-pubsublite/pom.xml
@@ -3,13 +3,13 @@
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-pubsublite-parent</artifactId>
-    <version>0.3.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-pubsublite:current} -->
+    <version>0.3.1</version><!-- {x-version-update:google-cloud-pubsublite:current} -->
     <relativePath>../pom.xml</relativePath>
   </parent>
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-pubsublite</artifactId>
-  <version>0.3.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-pubsublite:current} -->
+  <version>0.3.1</version><!-- {x-version-update:google-cloud-pubsublite:current} -->
   <packaging>jar</packaging>
   <name>Google Cloud Pub/Sub Lite</name>
   <url>https://github.com/googleapis/java-pubsublite</url>
@@ -59,12 +59,12 @@
     <dependency>
       <groupId>com.google.api.grpc</groupId>
       <artifactId>proto-google-cloud-pubsublite-v1</artifactId>
-      <version>0.3.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-pubsublite:current} -->
+      <version>0.3.1</version><!-- {x-version-update:google-cloud-pubsublite:current} -->
     </dependency>
     <dependency>
       <groupId>com.google.api.grpc</groupId>
       <artifactId>grpc-google-cloud-pubsublite-v1</artifactId>
-      <version>0.3.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-pubsublite:current} -->
+      <version>0.3.1</version><!-- {x-version-update:google-cloud-pubsublite:current} -->
     </dependency>
     <dependency>
       <groupId>com.google.flogger</groupId>
diff --git a/grpc-google-cloud-pubsublite-v1/pom.xml b/grpc-google-cloud-pubsublite-v1/pom.xml
index 89df7393c..2b379acc7 100644
--- a/grpc-google-cloud-pubsublite-v1/pom.xml
+++ b/grpc-google-cloud-pubsublite-v1/pom.xml
@@ -4,20 +4,20 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>grpc-google-cloud-pubsublite-v1</artifactId>
-  <version>0.3.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-pubsublite:current} -->
+  <version>0.3.1</version><!-- {x-version-update:google-cloud-pubsublite:current} -->
   <name>grpc-google-cloud-pubsublite-v1</name>
   <description>GRPC library for grpc-google-cloud-pubsublite-v1</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-pubsublite-parent</artifactId>
-    <version>0.3.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-pubsublite:current} -->
+    <version>0.3.1</version><!-- {x-version-update:google-cloud-pubsublite:current} -->
     <relativePath>../pom.xml</relativePath>
   </parent>
   <dependencies>
     <dependency>
       <groupId>com.google.api.grpc</groupId>
       <artifactId>proto-google-cloud-pubsublite-v1</artifactId>
-      <version>0.3.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-pubsublite:current} -->
+      <version>0.3.1</version><!-- {x-version-update:google-cloud-pubsublite:current} -->
     </dependency>
     <dependency>
       <groupId>io.grpc</groupId>
diff --git a/pom.xml b/pom.xml
index f425c9c71..6aa638293 100644
--- a/pom.xml
+++ b/pom.xml
@@ -8,7 +8,7 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-pubsublite-parent</artifactId>
-  <version>0.3.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-pubsublite:current} -->
+  <version>0.3.1</version><!-- {x-version-update:google-cloud-pubsublite:current} -->
   <packaging>pom</packaging>
   <name>Google Cloud Pub/Sub Lite Parent</name>
   <url>https://github.com/googleapis/java-pubsublite</url>
diff --git a/proto-google-cloud-pubsublite-v1/pom.xml b/proto-google-cloud-pubsublite-v1/pom.xml
index b20755374..a12866f31 100644
--- a/proto-google-cloud-pubsublite-v1/pom.xml
+++ b/proto-google-cloud-pubsublite-v1/pom.xml
@@ -4,13 +4,13 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>proto-google-cloud-pubsublite-v1</artifactId>
-  <version>0.3.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-pubsublite:current} -->
+  <version>0.3.1</version><!-- {x-version-update:google-cloud-pubsublite:current} -->
   <name>proto-google-cloud-pubsublite-v1</name>
   <description>PROTO library for proto-google-cloud-pubsublite-v1</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-pubsublite-parent</artifactId>
-    <version>0.3.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-pubsublite:current} -->
+    <version>0.3.1</version><!-- {x-version-update:google-cloud-pubsublite:current} -->
     <relativePath>../pom.xml</relativePath>
   </parent>
   <dependencies>
diff --git a/pubsublite-beam-io/pom.xml b/pubsublite-beam-io/pom.xml
index f4d40705d..30d457207 100644
--- a/pubsublite-beam-io/pom.xml
+++ b/pubsublite-beam-io/pom.xml
@@ -3,13 +3,13 @@
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-pubsublite-parent</artifactId>
-    <version>0.3.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-pubsublite:current} -->
+    <version>0.3.1</version><!-- {x-version-update:google-cloud-pubsublite:current} -->
     <relativePath>../pom.xml</relativePath>
   </parent>
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.cloud</groupId>
   <artifactId>pubsublite-beam-io</artifactId>
-  <version>0.3.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-pubsublite:current} -->
+  <version>0.3.1</version><!-- {x-version-update:google-cloud-pubsublite:current} -->
   <packaging>jar</packaging>
   <name>Pub/Sub Lite IO</name>
   <url>https://github.com/googleapis/java-pubsublite</url>
@@ -18,7 +18,7 @@
     <dependency>
       <groupId>com.google.cloud</groupId>
       <artifactId>google-cloud-pubsublite</artifactId>
-      <version>0.3.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-pubsublite:current} -->
+      <version>0.3.1</version><!-- {x-version-update:google-cloud-pubsublite:current} -->
     </dependency>
     <dependency>
       <groupId>org.apache.beam</groupId>
@@ -66,12 +66,12 @@
     <dependency>
       <groupId>com.google.api.grpc</groupId>
       <artifactId>proto-google-cloud-pubsublite-v1</artifactId>
-      <version>0.3.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-pubsublite:current} -->
+      <version>0.3.1</version><!-- {x-version-update:google-cloud-pubsublite:current} -->
     </dependency>
     <dependency>
       <groupId>com.google.api.grpc</groupId>
       <artifactId>grpc-google-cloud-pubsublite-v1</artifactId>
-      <version>0.3.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-pubsublite:current} -->
+      <version>0.3.1</version><!-- {x-version-update:google-cloud-pubsublite:current} -->
     </dependency>
     <dependency>
       <groupId>com.google.api.grpc</groupId>
diff --git a/samples/snapshot/pom.xml b/samples/snapshot/pom.xml
index e9fbc3dea..7673247db 100644
--- a/samples/snapshot/pom.xml
+++ b/samples/snapshot/pom.xml
@@ -45,7 +45,7 @@
     <dependency>
       <groupId>com.google.cloud</groupId>
       <artifactId>google-cloud-pubsublite</artifactId>
-      <version>0.3.1-SNAPSHOT</version>
+      <version>0.3.1</version>
     </dependency>
     <!-- {x-version-update-end} -->
     <dependency>
diff --git a/versions.txt b/versions.txt
index 564dddb51..4954a50a2 100644
--- a/versions.txt
+++ b/versions.txt
@@ -1,4 +1,4 @@
 # Format:
 # module:released-version:current-version
 
-google-cloud-pubsublite:0.3.0:0.3.1-SNAPSHOT
\ No newline at end of file
+google-cloud-pubsublite:0.3.1:0.3.1
\ No newline at end of file