diff --git a/api/spfx-template-api/package.json b/api/spfx-template-api/package.json
index 468f1dd7..6da303cc 100644
--- a/api/spfx-template-api/package.json
+++ b/api/spfx-template-api/package.json
@@ -1,7 +1,7 @@
 {
   "name": "@microsoft/spfx-template-api",
   "description": "Library for generating SPFx solutions",
-  "version": "0.1.0-pre.1",
+  "version": "0.1.0-pre.2",
   "main": "lib/index.js",
   "license": "MIT",
   "scripts": {
diff --git a/apps/spfx-cli/package.json b/apps/spfx-cli/package.json
index e54b77c6..561f88cd 100644
--- a/apps/spfx-cli/package.json
+++ b/apps/spfx-cli/package.json
@@ -1,7 +1,7 @@
 {
   "name": "@microsoft/spfx-cli",
   "description": "Project scaffolding and other tools for SharePoint Framework (SPFx) development",
-  "version": "0.1.0-pre.1",
+  "version": "0.1.0-pre.2",
   "main": "lib/index.js",
   "license": "MIT",
   "engines": {
diff --git a/common/config/rush/version-policies.json b/common/config/rush/version-policies.json
index 77b8a88f..2fa6b4c9 100644
--- a/common/config/rush/version-policies.json
+++ b/common/config/rush/version-policies.json
@@ -102,7 +102,7 @@
   {
     "definitionName": "lockStepVersion",
     "policyName": "spfx",
-    "version": "0.1.0-pre.1",
+    "version": "0.1.0-pre.2",
     "nextBump": "prerelease",
     "mainProject": "@microsoft/spfx-cli"
   }