diff --git a/sdk/storage/azure-storage-blobs/CHANGELOG.md b/sdk/storage/azure-storage-blobs/CHANGELOG.md
index a01c9dc99..fd5958678 100644
--- a/sdk/storage/azure-storage-blobs/CHANGELOG.md
+++ b/sdk/storage/azure-storage-blobs/CHANGELOG.md
@@ -1,5 +1,15 @@
 # Release History
 
+## 12.8.0-beta.1 (Unreleased)
+
+### Features Added
+
+### Breaking Changes
+
+### Bugs Fixed
+
+### Other Changes
+
 ## 12.7.0 (2023-03-07)
 
 ### Features Added
diff --git a/sdk/storage/azure-storage-blobs/src/private/package_version.hpp b/sdk/storage/azure-storage-blobs/src/private/package_version.hpp
index c34575ea9..6331fd8fa 100644
--- a/sdk/storage/azure-storage-blobs/src/private/package_version.hpp
+++ b/sdk/storage/azure-storage-blobs/src/private/package_version.hpp
@@ -9,9 +9,9 @@
 #pragma once
 
 #define AZURE_STORAGE_BLOBS_VERSION_MAJOR 12
-#define AZURE_STORAGE_BLOBS_VERSION_MINOR 7
+#define AZURE_STORAGE_BLOBS_VERSION_MINOR 8
 #define AZURE_STORAGE_BLOBS_VERSION_PATCH 0
-#define AZURE_STORAGE_BLOBS_VERSION_PRERELEASE ""
+#define AZURE_STORAGE_BLOBS_VERSION_PRERELEASE "beta.1"
 
 #define AZURE_STORAGE_BLOBS_VERSION_ITOA_HELPER(i) #i
 #define AZURE_STORAGE_BLOBS_VERSION_ITOA(i) AZURE_STORAGE_BLOBS_VERSION_ITOA_HELPER(i)
diff --git a/sdk/storage/azure-storage-common/CHANGELOG.md b/sdk/storage/azure-storage-common/CHANGELOG.md
index a4e20225d..03c43cbb4 100644
--- a/sdk/storage/azure-storage-common/CHANGELOG.md
+++ b/sdk/storage/azure-storage-common/CHANGELOG.md
@@ -1,5 +1,15 @@
 # Release History
 
+## 12.4.0-beta.1 (Unreleased)
+
+### Features Added
+
+### Breaking Changes
+
+### Bugs Fixed
+
+### Other Changes
+
 ## 12.3.1 (2023-03-07)
 
 ### Features Added
diff --git a/sdk/storage/azure-storage-common/src/private/package_version.hpp b/sdk/storage/azure-storage-common/src/private/package_version.hpp
index 243d95665..1f1c6a167 100644
--- a/sdk/storage/azure-storage-common/src/private/package_version.hpp
+++ b/sdk/storage/azure-storage-common/src/private/package_version.hpp
@@ -11,9 +11,9 @@
 #include <array>
 
 #define AZURE_STORAGE_COMMON_VERSION_MAJOR 12
-#define AZURE_STORAGE_COMMON_VERSION_MINOR 3
-#define AZURE_STORAGE_COMMON_VERSION_PATCH 1
-#define AZURE_STORAGE_COMMON_VERSION_PRERELEASE ""
+#define AZURE_STORAGE_COMMON_VERSION_MINOR 4
+#define AZURE_STORAGE_COMMON_VERSION_PATCH 0
+#define AZURE_STORAGE_COMMON_VERSION_PRERELEASE "beta.1"
 
 #define AZURE_STORAGE_COMMON_VERSION_ITOA_HELPER(i) #i
 #define AZURE_STORAGE_COMMON_VERSION_ITOA(i) AZURE_STORAGE_COMMON_VERSION_ITOA_HELPER(i)
diff --git a/sdk/storage/azure-storage-files-shares/CHANGELOG.md b/sdk/storage/azure-storage-files-shares/CHANGELOG.md
index 67ae76b2f..3ffe3c307 100644
--- a/sdk/storage/azure-storage-files-shares/CHANGELOG.md
+++ b/sdk/storage/azure-storage-files-shares/CHANGELOG.md
@@ -1,5 +1,15 @@
 # Release History
 
+## 12.5.0-beta.1 (Unreleased)
+
+### Features Added
+
+### Breaking Changes
+
+### Bugs Fixed
+
+### Other Changes
+
 ## 12.4.0 (2023-03-07)
 
 ### Features Added
diff --git a/sdk/storage/azure-storage-files-shares/src/private/package_version.hpp b/sdk/storage/azure-storage-files-shares/src/private/package_version.hpp
index b672d0fc0..ef048d537 100644
--- a/sdk/storage/azure-storage-files-shares/src/private/package_version.hpp
+++ b/sdk/storage/azure-storage-files-shares/src/private/package_version.hpp
@@ -9,9 +9,9 @@
 #pragma once
 
 #define AZURE_STORAGE_FILES_SHARES_VERSION_MAJOR 12
-#define AZURE_STORAGE_FILES_SHARES_VERSION_MINOR 4
+#define AZURE_STORAGE_FILES_SHARES_VERSION_MINOR 5
 #define AZURE_STORAGE_FILES_SHARES_VERSION_PATCH 0
-#define AZURE_STORAGE_FILES_SHARES_VERSION_PRERELEASE ""
+#define AZURE_STORAGE_FILES_SHARES_VERSION_PRERELEASE "beta.1"
 
 #define AZURE_STORAGE_FILES_SHARES_VERSION_ITOA_HELPER(i) #i
 #define AZURE_STORAGE_FILES_SHARES_VERSION_ITOA(i) AZURE_STORAGE_FILES_SHARES_VERSION_ITOA_HELPER(i)