diff --git a/icu4j/build.properties b/icu4j/build.properties
index 03c3d4e752..fb03cf5f0d 100644
--- a/icu4j/build.properties
+++ b/icu4j/build.properties
@@ -6,6 +6,6 @@
 #*******************************************************************************
 api.report.version = 58
 api.report.prev.version = 57
-release.file.ver = 58m1
-api.doc.version = 58 Milestone 1
+release.file.ver = 58rc
+api.doc.version = 58 Release Candidate
 
diff --git a/icu4j/eclipse-build/build.properties b/icu4j/eclipse-build/build.properties
index e8e78ff311..ad2e5eda06 100644
--- a/icu4j/eclipse-build/build.properties
+++ b/icu4j/eclipse-build/build.properties
@@ -4,6 +4,6 @@
 #* Copyright (C) 2010-2016, International Business Machines Corporation and    *
 #* others. All Rights Reserved.                                                *
 #*******************************************************************************
-icu4j.plugin.impl.version.string=58.0.1
+icu4j.plugin.impl.version.string=58.1.0
 copyright.eclipse=(C) 2016 and later: Unicode, Inc. and others. License & terms of use: http://www.unicode.org/copyright.html#License
 icu4j.data.version.number=58
diff --git a/icu4j/main/classes/core/src/com/ibm/icu/util/VersionInfo.java b/icu4j/main/classes/core/src/com/ibm/icu/util/VersionInfo.java
index 6d47b13013..7c89f40f8e 100644
--- a/icu4j/main/classes/core/src/com/ibm/icu/util/VersionInfo.java
+++ b/icu4j/main/classes/core/src/com/ibm/icu/util/VersionInfo.java
@@ -548,8 +548,8 @@ public final class VersionInfo implements Comparable<VersionInfo>
         UNICODE_8_0   = getInstance(8, 0, 0, 0);
         UNICODE_9_0   = getInstance(9, 0, 0, 0);
 
-        ICU_VERSION   = getInstance(58, 0, 1, 0);
-        ICU_DATA_VERSION = getInstance(58, 0, 1, 0);
+        ICU_VERSION   = getInstance(58, 1, 0, 0);
+        ICU_DATA_VERSION = getInstance(58, 1, 0, 0);
         UNICODE_VERSION = UNICODE_9_0;
 
         UCOL_RUNTIME_VERSION = getInstance(9);
diff --git a/icu4j/main/shared/build/common.properties b/icu4j/main/shared/build/common.properties
index ab7ae1c183..b9cbc9c893 100644
--- a/icu4j/main/shared/build/common.properties
+++ b/icu4j/main/shared/build/common.properties
@@ -7,7 +7,7 @@
 
 # Version numbers, etc.
 icu4j.spec.version = 58
-icu4j.impl.version = 58.0.1
+icu4j.impl.version = 58.1
 icu4j.data.version = 58
 current.year = 2016
 default.exec.env = JavaSE-1.6
diff --git a/icu4j/main/shared/data/icudata.jar b/icu4j/main/shared/data/icudata.jar
index bfc4272795..81b037e48b 100755
--- a/icu4j/main/shared/data/icudata.jar
+++ b/icu4j/main/shared/data/icudata.jar
@@ -1,3 +1,3 @@
 version https://git-lfs.github.com/spec/v1
-oid sha256:c3615865e8068508cca380d3aa8f8079f051dfabd556f6cd5bafe0ae3f9de5d0
-size 11786200
+oid sha256:420a6ac222bdd72c09a337d1a747fbba101e5e273cd9d4f3411230b07cdc62ec
+size 11789341
diff --git a/icu4j/main/shared/data/icutzdata.jar b/icu4j/main/shared/data/icutzdata.jar
index 5ec5a40a24..34c855c2c6 100755
--- a/icu4j/main/shared/data/icutzdata.jar
+++ b/icu4j/main/shared/data/icutzdata.jar
@@ -1,3 +1,3 @@
 version https://git-lfs.github.com/spec/v1
-oid sha256:aade3b2d8f0a6f46d0ee33eed27d0e682c1abc8b72f7a85676ffacfb5815e27a
-size 91127
+oid sha256:9302b4b6fb5cab323f8f62155958b72b83baeb239d2ca7f67b2d3deb6bb8a53a
+size 91130
diff --git a/icu4j/main/shared/data/testdata.jar b/icu4j/main/shared/data/testdata.jar
index 91fbba0b43..082b25119e 100755
--- a/icu4j/main/shared/data/testdata.jar
+++ b/icu4j/main/shared/data/testdata.jar
@@ -1,3 +1,3 @@
 version https://git-lfs.github.com/spec/v1
-oid sha256:690b23f3bd2ea163e801126ba8e2c65709eae387011ad3ec863d8b7bad4cd571
-size 811715
+oid sha256:bd58cff1e5bfd49fa0eace26a045aaf5b95e7eba376bde7ac43112a644cec616
+size 811843
diff --git a/icu4j/main/tests/core/src/com/ibm/icu/dev/test/util/DebugUtilitiesData.java b/icu4j/main/tests/core/src/com/ibm/icu/dev/test/util/DebugUtilitiesData.java
index e58413120e..d014620b1c 100644
--- a/icu4j/main/tests/core/src/com/ibm/icu/dev/test/util/DebugUtilitiesData.java
+++ b/icu4j/main/tests/core/src/com/ibm/icu/dev/test/util/DebugUtilitiesData.java
@@ -1,5 +1,6 @@
-// © 2016 and later: Unicode, Inc. and others.
-// License & terms of use: http://www.unicode.org/copyright.html#License
+// Copyright (C) 2016 and later: Unicode, Inc. and others.
+// License & terms of use: http://www.unicode.org/copyright.html
+
 /** Copyright (C) 2007-2016, International Business Machines Corporation and Others. All Rights Reserved. **/
 
 /* NOTE: this file is AUTOMATICALLY GENERATED by gentest.
@@ -9,7 +10,7 @@
 package com.ibm.icu.dev.test.util;
 
 public class DebugUtilitiesData extends Object {
-    public static final String ICU4C_VERSION="58.0.1";
+    public static final String ICU4C_VERSION="58.1";
     public static final int UDebugEnumType = 0;
     public static final int UCalendarDateFields = 1;
     public static final int UCalendarMonths = 2;