diff --git a/scripts/update_readme.sh b/scripts/update_readme.sh
index 11e670191..b941607a5 100755
--- a/scripts/update_readme.sh
+++ b/scripts/update_readme.sh
@@ -15,3 +15,6 @@ mvn install --no-transfer-progress -D skipTests
 
 echo "Updating browser versions in README.md"
 mvn compile exec:java --f ./tools/update-docs-version -D exec.mainClass=com.microsoft.playwright.tools.UpdateBrowserVersions
+
+echo "Updating Playwright dependency version in README.md"
+mvn compile exec:java --f ./tools/update-docs-version -D exec.mainClass=com.microsoft.playwright.tools.UpdatePlaywrightVersion
diff --git a/tools/update-docs-version/src/main/java/com/microsoft/playwright/tools/UpdatePlaywrightVersion.java b/tools/update-docs-version/src/main/java/com/microsoft/playwright/tools/UpdatePlaywrightVersion.java
new file mode 100644
index 000000000..79f733f2b
--- /dev/null
+++ b/tools/update-docs-version/src/main/java/com/microsoft/playwright/tools/UpdatePlaywrightVersion.java
@@ -0,0 +1,53 @@
+package com.microsoft.playwright.tools;
+
+import java.io.FileWriter;
+import java.nio.file.Files;
+import java.nio.file.Path;
+import java.nio.file.Paths;
+import java.util.NoSuchElementException;
+import java.util.regex.Matcher;
+import java.util.regex.Pattern;
+
+import static java.nio.charset.StandardCharsets.UTF_8;
+
+public class UpdatePlaywrightVersion {
+  private static final Pattern VERSION_PATTERN = Pattern.compile(
+    "<groupId>com.microsoft.playwright</groupId>\\s*<artifactId>parent-pom</artifactId>\\s*<version>(\\d+\\.\\d+\\.\\d+)(?:-SNAPSHOT)?</version>"
+  );
+  private static final Pattern MAVEN_PATTERN   = Pattern.compile(
+    "(<dependency>\\s*<groupId>com.microsoft.playwright</groupId>\\s*<artifactId>playwright</artifactId>\\s*)<version>\\d+\\.\\d+\\.\\d+</version>(\\s*</dependency>)"
+  );
+  private static final Pattern GRADLE_PATTERN  = Pattern.compile(
+    "(implementation group: 'com.microsoft.playwright', name: 'playwright', version: )'\\d+\\.\\d+\\.\\d+'"
+  );
+
+  public static void main(String[] args) throws Exception {
+    Path   pomPath    = Paths.get("pom.xml");
+    String pomContent = Files.readString(pomPath, UTF_8);
+
+    Matcher versionMatcher = VERSION_PATTERN.matcher(pomContent);
+    if (!versionMatcher.find()) {
+      throw new NoSuchElementException("Project version was not found");
+    }
+    String version = versionMatcher.group(1);
+
+    Path   readmePath = Paths.get("README.md");
+    String readme     = Files.readString(readmePath, UTF_8);
+
+    String updatedReadme = updateDependencies(readme, version);
+
+    try (FileWriter writer = new FileWriter(readmePath.toFile(), UTF_8)) {
+      writer.write(updatedReadme);
+    }
+  }
+
+  private static String updateDependencies(String readme, String version) {
+    readme = MAVEN_PATTERN.matcher(readme)
+                          .replaceAll("$1<version>" + version + "</version>$2");
+
+    readme = GRADLE_PATTERN.matcher(readme)
+                           .replaceAll("$1'" + version + "'");
+
+    return readme;
+  }
+}