diff --git a/build.sh b/build.sh
index 8f8ad7e8c2a764f777be25a131acd812214f069c..337287fe081bdbf364c5fa2b856dc0a4534aa9df 100755
--- a/build.sh
+++ b/build.sh
@@ -92,7 +92,7 @@ function run-make() {
 
 # The current default platform
 lcg_platform=x86_64-centos7-gcc8-opt
-lcg_version=101.0.0
+lcg_version=101.0.1
 
 bldtool=${CEPCSW_BLDTOOL} # make, ninja # set in env var
 
diff --git a/setup.sh b/setup.sh
index 6b973779f7ef25ec5b49b4a97a0c9e4714217961..a75d5f39d2d3fca4d0501c970c74648b69229014 100644
--- a/setup.sh
+++ b/setup.sh
@@ -49,7 +49,7 @@ function setup-external() {
 # CEPCSW_LCG_VERSION=${1}; shift
 
 if [ -z "$CEPCSW_LCG_VERSION" ]; then
-    CEPCSW_LCG_VERSION=101.0.0
+    CEPCSW_LCG_VERSION=101.0.1
 fi
 export CEPCSW_LCG_VERSION