diff --git a/icu4j/readme.html b/icu4j/readme.html
index a85f5f492d5..b54c498752e 100644
--- a/icu4j/readme.html
+++ b/icu4j/readme.html
@@ -14,23 +14,23 @@ h3.doc { text-decoration: underline }
 <body style="background-color: rgb(255, 255, 255);" lang="EN-US"
  link="#0000ff" vlink="#800080">
 <h1>International Components for Unicode for Java (ICU4J)</h1>
-<h2>Read Me for ICU4J 59m1</h2>
-(Last Update: 2016-Jan-30)
+<h2>Read Me for ICU4J 59RC</h2>
+(Last Update: 2017-Mar-31)
 <hr size="2" width="100%">
 
 <p>
 <!-- <b>Note:</b> This is major release of ICU4J. It contains bug fixes and adds implementations
 of inherited API and introduces new API or functionality. -->
-<b>Note:</b> This is a development release of ICU4J 59.
+<!-- <b>Note:</b> This is a development release of ICU4J 59.
 The contents of this document may not reflect the recent changes done
 for ICU 59 development. This milestone is intended for those wishing
 to get an early look at ICU4J 59 new features and API changes. It is not
-recommended for production use.
-<!-- <b>Note:</b> This is a release candidate of ICU4J 59.
+recommended for production use. -->
+<b>Note:</b> This is a release candidate of ICU4J 59.
 The contents of this document may not reflect the recent changes done
 for ICU 59 development. This release candidate is intended for those
 wishing to verify ICU 59 integration before final release. It is not
-recommended for production use. -->
+recommended for production use.
 </p>
 <p>For the most recent release, see the <a
  href="http://www.icu-project.org/download/"> ICU4J
@@ -136,10 +136,10 @@ found in ICU4J.</p>
 
 <h2 class="doc"><a name="changes"></a>Changes In This Release</h2>
 
-<p>See the <a href="https://sites.google.com/site/icusite/download/59">ICU 59 download page[TBD]</a>
+<p>See the <a href="https://sites.google.com/site/icusite/download/59">ICU 59 download page</a>
 about new features in this release.
 The list of API changes since the previous ICU4J release is available
-<a href="http://source.icu-project.org/repos/icu/tags/milestone-59-0-1/icu4j/APIChangeReport.html">here</a>.</p>
+<a href="http://source.icu-project.org/repos/icu/tags/release-59-rc/icu4j/APIChangeReport.html">here</a>.</p>
 
     <!-- ICU 59 items -->
     <!-- <h3>[Subject]</h3> -->
@@ -172,12 +172,12 @@ These versions are tested more thoroughly than day-to-day development
 builds, and they are packaged in jar files for convenient download.
   <ul>
     <li><a href="http://www.icu-project.org/download/">ICU Download page</a>.</li>
-    <li>Maven repository:
+    <li>[TBD]Maven repository:
 <pre>
 &lt;dependency&gt;
     &lt;groupId&gt;com.ibm.icu&lt;/groupId&gt;
     &lt;artifactId&gt;icu4j&lt;/artifactId&gt;
-    &lt;version&gt;58.1&lt;/version&gt;
+    &lt;version&gt;59.1&lt;/version&gt;
 &lt;/dependency&gt;
 </pre>
   </ul>
@@ -219,8 +219,8 @@ ICU4J source archive is extracted.
   and Build</a> for more information</td>
 </tr>
 <tr>
-  <td>main/shared/licenses/license.html</td>
-  <td>The X license, used by ICU4J</td>
+  <td>main/shared/licenses/LICENSE</td>
+  <td>ICU license</td>
 </tr>
 </table>
 
