diff --git a/gradle.properties b/gradle.properties
index 4a8d5a97ff1..646ea426f19 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -1,4 +1,4 @@
-projectVersion=1.1.0.BUILD-SNAPSHOT
+projectVersion=1.1.0.M2
 projectGroupId=io.micronaut
 title=Micronaut
 projectDesc=Natively Cloud Native