diff --git a/icu4j/build.properties b/icu4j/build.properties
index 8ad625bce31..35f976f383c 100644
--- a/icu4j/build.properties
+++ b/icu4j/build.properties
@@ -6,6 +6,6 @@
 #*******************************************************************************
 api.report.version = 59
 api.report.prev.version = 58
-release.file.ver = 59rc
-api.doc.version = 59 Release Candidate 
+release.file.ver = 59_1
+api.doc.version = 59.1
 
diff --git a/icu4j/pom.xml b/icu4j/pom.xml
index 192d1e4ae2a..62d3a09d89c 100644
--- a/icu4j/pom.xml
+++ b/icu4j/pom.xml
@@ -13,7 +13,7 @@
 
   <groupId>com.ibm.icu</groupId>
   <artifactId>icu4j</artifactId>
-  <version>59-SNAPSHOT</version>
+  <version>59.1</version>
 
   <name>ICU4J</name>
   <description>