diff --git a/rally/Chart.yaml b/rally/Chart.yaml
index a7b1a87402..154884d4c9 100644
--- a/rally/Chart.yaml
+++ b/rally/Chart.yaml
@@ -14,7 +14,7 @@ apiVersion: v1
 appVersion: v1.0.0
 description: OpenStack-Helm rally
 name: rally
-version: 0.2.2
+version: 0.2.3
 home: https://docs.openstack.org/developer/rally
 icon: https://www.openstack.org/themes/openstack/images/project-mascots/rally/OpenStack_Project_rally_vertical.png
 sources:
diff --git a/rally/values.yaml b/rally/values.yaml
index e96a76d78f..d6e3a9df59 100644
--- a/rally/values.yaml
+++ b/rally/values.yaml
@@ -30,9 +30,9 @@ images:
     db_init: docker.io/xrally/xrally-openstack:2.0.0
     rally_db_sync: docker.io/xrally/xrally-openstack:2.0.0
     run_task: docker.io/xrally/xrally-openstack:2.0.0
-    ks_user: docker.io/openstackhelm/heat:ocata-ubuntu_xenial
-    ks_service: docker.io/openstackhelm/heat:ocata-ubuntu_xenial
-    ks_endpoints: docker.io/openstackhelm/heat:ocata-ubuntu_xenial
+    ks_user: docker.io/openstackhelm/heat:wallaby-ubuntu_focal
+    ks_service: docker.io/openstackhelm/heat:wallaby-ubuntu_focal
+    ks_endpoints: docker.io/openstackhelm/heat:wallaby-ubuntu_focal
     image_repo_sync: docker.io/docker:17.07.0
   pull_policy: "IfNotPresent"
   local_registry:
diff --git a/releasenotes/notes/rally.yaml b/releasenotes/notes/rally.yaml
index 6e1e215d96..30e84a67d9 100644
--- a/releasenotes/notes/rally.yaml
+++ b/releasenotes/notes/rally.yaml
@@ -5,4 +5,5 @@ rally:
   - 0.2.0 Remove support for releases before T
   - 0.2.1 Update htk requirements repo
   - 0.2.2 Add values for backoffLimit and restartPolicy
+  - 0.2.3 Update default image values to Wallaby
 ...