diff --git a/Makefile b/Makefile
index e77aa2dd16f79..635df30c20a3e 100644
--- a/Makefile
+++ b/Makefile
@@ -407,7 +407,7 @@ E = @echo
 Q = @
 endif
 
-VERSION = 0.14.0-dev
+VERSION = 0.14.0-pre1
 
 CPPFLAGS_NO_ARCH += $(addprefix -I, $(INCLUDES)) $(addprefix -D, $(DEFINES))
 CPPFLAGS += $(CPPFLAGS_NO_ARCH) $(ARCH_FLAGS)
diff --git a/build.yaml b/build.yaml
index 1a0888bdc3ebc..7a74e73c726b6 100644
--- a/build.yaml
+++ b/build.yaml
@@ -7,7 +7,7 @@ settings:
   '#3': Use "-preN" suffixes to identify pre-release versions
   '#4': Per-language overrides are possible with (eg) ruby_version tag here
   '#5': See the expand_version.py for all the quirks here
-  version: 0.14.0-dev
+  version: 0.14.0-pre1
 filegroups:
 - name: census
   public_headers:
diff --git a/package.json b/package.json
index 5ed7f363d37f9..b22cfc1f938bc 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "grpc",
-  "version": "0.14.0-dev",
+  "version": "0.14.0-pre1",
   "author": "Google Inc.",
   "description": "gRPC Library for Node",
   "homepage": "http://www.grpc.io/",
diff --git a/src/core/lib/surface/version.c b/src/core/lib/surface/version.c
index fe954cbefb619..0f4b1111f4358 100644
--- a/src/core/lib/surface/version.c
+++ b/src/core/lib/surface/version.c
@@ -36,4 +36,4 @@
 
 #include <grpc/grpc.h>
 
-const char *grpc_version_string(void) { return "0.14.0-dev"; }
+const char *grpc_version_string(void) { return "0.14.0-pre1"; }
diff --git a/src/csharp/Grpc.Core/VersionInfo.cs b/src/csharp/Grpc.Core/VersionInfo.cs
index f7a9cb9c1cb66..70ce9a18df5c1 100644
--- a/src/csharp/Grpc.Core/VersionInfo.cs
+++ b/src/csharp/Grpc.Core/VersionInfo.cs
@@ -53,6 +53,6 @@ public static class VersionInfo
         /// <summary>
         /// Current version of gRPC C#
         /// </summary>
-        public const string CurrentVersion = "0.14.0-dev";
+        public const string CurrentVersion = "0.14.0-pre1";
     }
 }
diff --git a/src/csharp/build_packages.bat b/src/csharp/build_packages.bat
index 9a60be26b6305..9c7b877feab5c 100644
--- a/src/csharp/build_packages.bat
+++ b/src/csharp/build_packages.bat
@@ -1,7 +1,7 @@
 @rem Builds gRPC NuGet packages
 
 @rem Current package versions
-set VERSION=0.14.0-dev
+set VERSION=0.14.0-pre1
 set PROTOBUF_VERSION=3.0.0-beta2
 
 @rem Packages that depend on prerelease packages (like Google.Protobuf) need to have prerelease suffix as well.
diff --git a/src/node/tools/package.json b/src/node/tools/package.json
index d98ed0b1fc30c..9bca5eab6f2f3 100644
--- a/src/node/tools/package.json
+++ b/src/node/tools/package.json
@@ -1,6 +1,6 @@
 {
   "name": "grpc-tools",
-  "version": "0.14.0-dev",
+  "version": "0.14.0-pre1",
   "author": "Google Inc.",
   "description": "Tools for developing with gRPC on Node.js",
   "homepage": "http://www.grpc.io/",
diff --git a/src/python/grpcio/grpc_version.py b/src/python/grpcio/grpc_version.py
index 873b4e2a91313..87fadf9a979a6 100644
--- a/src/python/grpcio/grpc_version.py
+++ b/src/python/grpcio/grpc_version.py
@@ -29,4 +29,4 @@
 
 # AUTO-GENERATED FROM `$REPO_ROOT/templates/src/python/grpcio/grpc_version.py.template`!!!
 
-VERSION='0.14.0.dev0'
+VERSION='0.14.0rc1'
diff --git a/src/ruby/lib/grpc/version.rb b/src/ruby/lib/grpc/version.rb
index 67c6a5d5a17ac..5117c85cea084 100644
--- a/src/ruby/lib/grpc/version.rb
+++ b/src/ruby/lib/grpc/version.rb
@@ -29,5 +29,5 @@
 
 # GRPC contains the General RPC module.
 module GRPC
-  VERSION = '0.14.0.dev'
+  VERSION = '0.14.0.pre1'
 end
diff --git a/src/ruby/tools/version.rb b/src/ruby/tools/version.rb
index 12ad21b80eb20..ec085d2655b64 100644
--- a/src/ruby/tools/version.rb
+++ b/src/ruby/tools/version.rb
@@ -29,6 +29,6 @@
 
 module GRPC
   module Tools
-    VERSION = '0.14.0.dev'
+    VERSION = '0.14.0.pre1'
   end
 end
diff --git a/tools/distrib/python/grpcio_tools/grpc_version.py b/tools/distrib/python/grpcio_tools/grpc_version.py
index b8ae8e20b8bca..ee522a0bc314e 100644
--- a/tools/distrib/python/grpcio_tools/grpc_version.py
+++ b/tools/distrib/python/grpcio_tools/grpc_version.py
@@ -29,4 +29,4 @@
 
 # AUTO-GENERATED FROM `$REPO_ROOT/templates/tools/distrib/python/grpcio_tools/grpc_version.py.template`!!!
 
-VERSION='0.14.0.dev0'
+VERSION='0.14.0rc1'
diff --git a/tools/doxygen/Doxyfile.c++ b/tools/doxygen/Doxyfile.c++
index 664ca03d9780c..f58f7e7281701 100644
--- a/tools/doxygen/Doxyfile.c++
+++ b/tools/doxygen/Doxyfile.c++
@@ -40,7 +40,7 @@ PROJECT_NAME           = "GRPC C++"
 # could be handy for archiving the generated documentation or if some version
 # control system is used.
 
-PROJECT_NUMBER         = 0.14.0-dev
+PROJECT_NUMBER         = 0.14.0-pre1
 
 # Using the PROJECT_BRIEF tag one can provide an optional one line description
 # for a project that appears at the top of each page and should give viewer a
diff --git a/tools/doxygen/Doxyfile.c++.internal b/tools/doxygen/Doxyfile.c++.internal
index 5188ef1e8da24..a7a17bac3fc36 100644
--- a/tools/doxygen/Doxyfile.c++.internal
+++ b/tools/doxygen/Doxyfile.c++.internal
@@ -40,7 +40,7 @@ PROJECT_NAME           = "GRPC C++"
 # could be handy for archiving the generated documentation or if some version
 # control system is used.
 
-PROJECT_NUMBER         = 0.14.0-dev
+PROJECT_NUMBER         = 0.14.0-pre1
 
 # Using the PROJECT_BRIEF tag one can provide an optional one line description
 # for a project that appears at the top of each page and should give viewer a
diff --git a/tools/doxygen/Doxyfile.core b/tools/doxygen/Doxyfile.core
index 84b5c2a8efb13..d1259e7aee3b7 100644
--- a/tools/doxygen/Doxyfile.core
+++ b/tools/doxygen/Doxyfile.core
@@ -40,7 +40,7 @@ PROJECT_NAME           = "GRPC Core"
 # could be handy for archiving the generated documentation or if some version
 # control system is used.
 
-PROJECT_NUMBER         = 0.14.0-dev
+PROJECT_NUMBER         = 0.14.0-pre1
 
 # Using the PROJECT_BRIEF tag one can provide an optional one line description
 # for a project that appears at the top of each page and should give viewer a
diff --git a/tools/doxygen/Doxyfile.core.internal b/tools/doxygen/Doxyfile.core.internal
index 228c1d98d8962..6b7a8be86172e 100644
--- a/tools/doxygen/Doxyfile.core.internal
+++ b/tools/doxygen/Doxyfile.core.internal
@@ -40,7 +40,7 @@ PROJECT_NAME           = "GRPC Core"
 # could be handy for archiving the generated documentation or if some version
 # control system is used.
 
-PROJECT_NUMBER         = 0.14.0-dev
+PROJECT_NUMBER         = 0.14.0-pre1
 
 # Using the PROJECT_BRIEF tag one can provide an optional one line description
 # for a project that appears at the top of each page and should give viewer a