diff --git a/CHANGELOG.md b/CHANGELOG.md
index fc41b5b..9dfe8bd 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -4,7 +4,7 @@
 
 [1]: https://pypi.org/project/google-cloud-runtimeconfig/#history
 
-## [0.34.0](https://github.com/googleapis/python-runtimeconfig/compare/v0.33.3...v0.34.0) (2023-11-29)
+## [0.34.0rc1](https://github.com/googleapis/python-runtimeconfig/compare/v0.33.3...v0.34.0rc1) (2023-11-29)
 
 
 ### Features
diff --git a/google/cloud/runtimeconfig/version.py b/google/cloud/runtimeconfig/version.py
index 838ea01..86f0acc 100644
--- a/google/cloud/runtimeconfig/version.py
+++ b/google/cloud/runtimeconfig/version.py
@@ -12,4 +12,4 @@
 # See the License for the specific language governing permissions and
 # limitations under the License.
 
-__version__ = "0.34.0"
+__version__ = "0.34.0rc1"