diff --git a/icu4c/source/common/unicode/uvernum.h b/icu4c/source/common/unicode/uvernum.h
index 71d9d26d66..9084a52fa2 100644
--- a/icu4c/source/common/unicode/uvernum.h
+++ b/icu4c/source/common/unicode/uvernum.h
@@ -64,13 +64,13 @@
  *  This value will change in the subsequent releases of ICU
  *  @stable ICU 2.6
  */
-#define U_ICU_VERSION_MINOR_NUM 0
+#define U_ICU_VERSION_MINOR_NUM 1
 
 /** The current ICU patchlevel version as an integer.
  *  This value will change in the subsequent releases of ICU
  *  @stable ICU 2.4
  */
-#define U_ICU_VERSION_PATCHLEVEL_NUM 1
+#define U_ICU_VERSION_PATCHLEVEL_NUM 0
 
 /** The current ICU build level version as an integer.
  *  This value is for use by ICU clients. It defaults to 0.
diff --git a/icu4c/source/configure b/icu4c/source/configure
index 14f96f059a..c555736716 100755
--- a/icu4c/source/configure
+++ b/icu4c/source/configure
@@ -1,6 +1,6 @@
 #! /bin/sh
 # Guess values for system-dependent variables and create Makefiles.
-# Generated by GNU Autoconf 2.69 for ICU 60.0.1.
+# Generated by GNU Autoconf 2.69 for ICU 60.1.
 #
 # Report bugs to <http://icu-project.org/bugs>.
 #
@@ -582,8 +582,8 @@ MAKEFLAGS=
 # Identity of this package.
 PACKAGE_NAME='ICU'
 PACKAGE_TARNAME='International Components for Unicode'
-PACKAGE_VERSION='60.0.1'
-PACKAGE_STRING='ICU 60.0.1'
+PACKAGE_VERSION='60.1'
+PACKAGE_STRING='ICU 60.1'
 PACKAGE_BUGREPORT='http://icu-project.org/bugs'
 PACKAGE_URL='http://icu-project.org'
 
@@ -1368,7 +1368,7 @@ if test "$ac_init_help" = "long"; then
   # Omit some internal or obsolete options to make the list less imposing.
   # This message is too long to be a string in the A/UX 3.1 sh.
   cat <<_ACEOF
-\`configure' configures ICU 60.0.1 to adapt to many kinds of systems.
+\`configure' configures ICU 60.1 to adapt to many kinds of systems.
 
 Usage: $0 [OPTION]... [VAR=VALUE]...
 
@@ -1435,7 +1435,7 @@ fi
 
 if test -n "$ac_init_help"; then
   case $ac_init_help in
-     short | recursive ) echo "Configuration of ICU 60.0.1:";;
+     short | recursive ) echo "Configuration of ICU 60.1:";;
    esac
   cat <<\_ACEOF
 
@@ -1571,7 +1571,7 @@ fi
 test -n "$ac_init_help" && exit $ac_status
 if $ac_init_version; then
   cat <<\_ACEOF
-ICU configure 60.0.1
+ICU configure 60.1
 generated by GNU Autoconf 2.69
 
 Copyright (C) 2012 Free Software Foundation, Inc.
@@ -2263,7 +2263,7 @@ cat >config.log <<_ACEOF
 This file contains any messages produced by compilers while
 running configure, to aid debugging if configure makes a mistake.
 
-It was created by ICU $as_me 60.0.1, which was
+It was created by ICU $as_me 60.1, which was
 generated by GNU Autoconf 2.69.  Invocation command line was
 
   $ $0 $@
@@ -8397,7 +8397,7 @@ cat >>$CONFIG_STATUS <<\_ACEOF || ac_write_fail=1
 # report actual input values of CONFIG_FILES etc. instead of their
 # values after options handling.
 ac_log="
-This file was extended by ICU $as_me 60.0.1, which was
+This file was extended by ICU $as_me 60.1, which was
 generated by GNU Autoconf 2.69.  Invocation command line was
 
   CONFIG_FILES    = $CONFIG_FILES
@@ -8451,7 +8451,7 @@ _ACEOF
 cat >>$CONFIG_STATUS <<_ACEOF || ac_write_fail=1
 ac_cs_config="`$as_echo "$ac_configure_args" | sed 's/^ //; s/[\\""\`\$]/\\\\&/g'`"
 ac_cs_version="\\
-ICU config.status 60.0.1
+ICU config.status 60.1
 configured by $0, generated by GNU Autoconf 2.69,
   with options \\"\$ac_cs_config\\"