diff --git a/lib/db/upgrade.php b/lib/db/upgrade.php
index 3cd32042daf..ab7d9197210 100644
--- a/lib/db/upgrade.php
+++ b/lib/db/upgrade.php
@@ -1444,7 +1444,10 @@ function xmldb_main_upgrade($oldversion) {
         upgrade_main_savepoint(true, 2024100100.02);
     }
 
-    if ($oldversion < 2024100701.01) {
+    // Automatically generated Moodle v4.5.0 release upgrade line.
+    // Put any upgrade step following this.
+
+    if ($oldversion < 2024100701.02) {
         $smsgateways = $DB->get_records('sms_gateways');
         foreach ($smsgateways as $gateway) {
             $newconfig = json_decode($gateway->config);
@@ -1460,11 +1463,8 @@ function xmldb_main_upgrade($oldversion) {
         }
 
         // Main savepoint reached.
-        upgrade_main_savepoint(true, 2024100701.01);
+        upgrade_main_savepoint(true, 2024100701.02);
     }
 
-    // Automatically generated Moodle v4.5.0 release upgrade line.
-    // Put any upgrade step following this.
-
     return true;
 }
diff --git a/version.php b/version.php
index bf7d0282b1b..531fa4da40e 100644
--- a/version.php
+++ b/version.php
@@ -29,7 +29,7 @@
 
 defined('MOODLE_INTERNAL') || die();
 
-$version  = 2024100701.01;              // 20241007      = branching date YYYYMMDD - do not modify!
+$version  = 2024100701.02;              // 20241007      = branching date YYYYMMDD - do not modify!
                                         //         RR    = release increments - 00 in DEV branches.
                                         //           .XX = incremental changes.
 $release  = '4.5.1+ (Build: 20241213)';    // Human-friendly version name