diff --git a/CHANGELOG.md b/CHANGELOG.md
index 771588ee..a33549b4 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,12 @@
 # Changelog
 
+### [1.40.5](https://www.github.com/googleapis/java-kms/compare/v1.40.4...v1.40.5) (2020-12-15)
+
+
+### Dependencies
+
+* update dependency com.google.cloud:google-cloud-shared-dependencies to v0.17.0 ([#360](https://www.github.com/googleapis/java-kms/issues/360)) ([b003ce1](https://www.github.com/googleapis/java-kms/commit/b003ce12be22d0a82a55bbb8433c7e59d5daffdb))
+
 ### [1.40.4](https://www.github.com/googleapis/java-kms/compare/v1.40.3...v1.40.4) (2020-12-14)
 
 
diff --git a/google-cloud-kms-bom/pom.xml b/google-cloud-kms-bom/pom.xml
index d065b236..18c1d8a3 100644
--- a/google-cloud-kms-bom/pom.xml
+++ b/google-cloud-kms-bom/pom.xml
@@ -3,7 +3,7 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-kms-bom</artifactId>
-  <version>1.40.4</version><!-- {x-version-update:google-cloud-kms:current} -->
+  <version>1.40.5</version><!-- {x-version-update:google-cloud-kms:current} -->
   <packaging>pom</packaging>
   <parent>
     <groupId>com.google.cloud</groupId>
@@ -64,17 +64,17 @@
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>grpc-google-cloud-kms-v1</artifactId>
-        <version>0.87.4</version><!-- {x-version-update:grpc-google-cloud-kms-v1:current} -->
+        <version>0.87.5</version><!-- {x-version-update:grpc-google-cloud-kms-v1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>proto-google-cloud-kms-v1</artifactId>
-        <version>0.87.4</version><!-- {x-version-update:proto-google-cloud-kms-v1:current} -->
+        <version>0.87.5</version><!-- {x-version-update:proto-google-cloud-kms-v1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.cloud</groupId>
         <artifactId>google-cloud-kms</artifactId>
-        <version>1.40.4</version><!-- {x-version-update:google-cloud-kms:current} -->
+        <version>1.40.5</version><!-- {x-version-update:google-cloud-kms:current} -->
       </dependency>
     </dependencies>
   </dependencyManagement>
diff --git a/google-cloud-kms/pom.xml b/google-cloud-kms/pom.xml
index 313b71cc..74a48023 100644
--- a/google-cloud-kms/pom.xml
+++ b/google-cloud-kms/pom.xml
@@ -3,7 +3,7 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-kms</artifactId>
-  <version>1.40.4</version><!-- {x-version-update:google-cloud-kms:current} -->
+  <version>1.40.5</version><!-- {x-version-update:google-cloud-kms:current} -->
   <packaging>jar</packaging>
   <name>Google Cloud KMS</name>
   <url>https://github.com/googleapis/java-kms</url>
@@ -11,7 +11,7 @@
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-kms-parent</artifactId>
-    <version>1.40.4</version><!-- {x-version-update:google-cloud-kms:current} -->
+    <version>1.40.5</version><!-- {x-version-update:google-cloud-kms:current} -->
   </parent>
   <properties>
     <site.installationModule>google-cloud-kms</site.installationModule>
diff --git a/grpc-google-cloud-kms-v1/pom.xml b/grpc-google-cloud-kms-v1/pom.xml
index f5a0bc2a..ef1c2566 100644
--- a/grpc-google-cloud-kms-v1/pom.xml
+++ b/grpc-google-cloud-kms-v1/pom.xml
@@ -4,13 +4,13 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>grpc-google-cloud-kms-v1</artifactId>
-  <version>0.87.4</version><!-- {x-version-update:grpc-google-cloud-kms-v1:current} -->
+  <version>0.87.5</version><!-- {x-version-update:grpc-google-cloud-kms-v1:current} -->
   <name>grpc-google-cloud-kms-v1</name>
   <description>GRPC library for grpc-google-cloud-kms-v1</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-kms-parent</artifactId>
-    <version>1.40.4</version><!-- {x-version-update:google-cloud-kms:current} -->
+    <version>1.40.5</version><!-- {x-version-update:google-cloud-kms:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/pom.xml b/pom.xml
index 7e804226..82efb21a 100644
--- a/pom.xml
+++ b/pom.xml
@@ -4,7 +4,7 @@
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-kms-parent</artifactId>
   <packaging>pom</packaging>
-  <version>1.40.4</version><!-- {x-version-update:google-cloud-kms:current} -->
+  <version>1.40.5</version><!-- {x-version-update:google-cloud-kms:current} -->
   <name>Google Cloud KMS Parent</name>
   <url>https://github.com/googleapis/java-kms</url>
   <description>
@@ -70,28 +70,28 @@
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>proto-google-cloud-kms-v1</artifactId>
-        <version>0.87.4</version><!-- {x-version-update:proto-google-cloud-kms-v1:current} -->
+        <version>0.87.5</version><!-- {x-version-update:proto-google-cloud-kms-v1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>grpc-google-cloud-kms-v1</artifactId>
-        <version>0.87.4</version><!-- {x-version-update:grpc-google-cloud-kms-v1:current} -->
+        <version>0.87.5</version><!-- {x-version-update:grpc-google-cloud-kms-v1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.cloud</groupId>
         <artifactId>google-cloud-kms</artifactId>
-        <version>1.40.4</version><!-- {x-version-update:google-cloud-kms:current} -->
+        <version>1.40.5</version><!-- {x-version-update:google-cloud-kms:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.cloud</groupId>
         <artifactId>google-cloud-kms-bom</artifactId>
-        <version>1.40.4</version><!-- {x-version-update:google-cloud-kms-bom:current} -->
+        <version>1.40.5</version><!-- {x-version-update:google-cloud-kms-bom:current} -->
       </dependency>
 
       <dependency>
         <groupId>com.google.cloud</groupId>
         <artifactId>google-cloud-shared-dependencies</artifactId>
-        <version>0.16.1</version>
+        <version>0.17.0</version>
         <type>pom</type>
         <scope>import</scope>
       </dependency>
diff --git a/proto-google-cloud-kms-v1/pom.xml b/proto-google-cloud-kms-v1/pom.xml
index 4ff5f563..be71d61c 100644
--- a/proto-google-cloud-kms-v1/pom.xml
+++ b/proto-google-cloud-kms-v1/pom.xml
@@ -4,13 +4,13 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>proto-google-cloud-kms-v1</artifactId>
-  <version>0.87.4</version><!-- {x-version-update:proto-google-cloud-kms-v1:current} -->
+  <version>0.87.5</version><!-- {x-version-update:proto-google-cloud-kms-v1:current} -->
   <name>proto-google-cloud-kms-v1</name>
   <description>PROTO library for proto-google-cloud-kms-v1</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-kms-parent</artifactId>
-    <version>1.40.4</version><!-- {x-version-update:google-cloud-kms:current} -->
+    <version>1.40.5</version><!-- {x-version-update:google-cloud-kms:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/samples/snapshot/pom.xml b/samples/snapshot/pom.xml
index 12b02197..9fc058b3 100644
--- a/samples/snapshot/pom.xml
+++ b/samples/snapshot/pom.xml
@@ -28,7 +28,7 @@
     <dependency>
       <groupId>com.google.cloud</groupId>
       <artifactId>google-cloud-kms</artifactId>
-      <version>1.40.4</version>
+      <version>1.40.5</version>
     </dependency>
     <!-- {x-version-update-end} -->
 
diff --git a/versions.txt b/versions.txt
index 41f1d6a2..d327adf9 100644
--- a/versions.txt
+++ b/versions.txt
@@ -1,7 +1,7 @@
 # Format:
 # module:released-version:current-version
 
-proto-google-cloud-kms-v1:0.87.4:0.87.4
-grpc-google-cloud-kms-v1:0.87.4:0.87.4
-google-cloud-kms:1.40.4:1.40.4
-google-cloud-kms-bom:1.40.4:1.40.4
\ No newline at end of file
+proto-google-cloud-kms-v1:0.87.5:0.87.5
+grpc-google-cloud-kms-v1:0.87.5:0.87.5
+google-cloud-kms:1.40.5:1.40.5
+google-cloud-kms-bom:1.40.5:1.40.5
\ No newline at end of file