diff --git a/tf_keras/__init__.py b/tf_keras/__init__.py
index 072ea7512..ca6ecd00b 100644
--- a/tf_keras/__init__.py
+++ b/tf_keras/__init__.py
@@ -35,6 +35,6 @@
 from tensorflow.python import tf2
 from tensorflow.python.util.tf_export import keras_export
 
-__version__ = "2.20.0"
+__version__ = "2.20.1"
 
 keras_export("keras.__version__").export_constant(__name__, "__version__")
diff --git a/tf_keras/tools/pip_package/setup.py b/tf_keras/tools/pip_package/setup.py
index a9ebe8592..51ae95b66 100644
--- a/tf_keras/tools/pip_package/setup.py
+++ b/tf_keras/tools/pip_package/setup.py
@@ -31,7 +31,7 @@
 # This version string is semver compatible, but incompatible with pip.
 # For pip, we will remove all '-' characters from this string, and use the
 # result for pip.
-_VERSION = "2.20.0"
+_VERSION = "2.20.1"
 
 REQUIRED_PACKAGES = [
     # We depend on TensorFlow's declared pip dependencies.