diff --git a/codegenerator/common/__init__.py b/codegenerator/common/__init__.py
index 09c703f..877f6c5 100644
--- a/codegenerator/common/__init__.py
+++ b/codegenerator/common/__init__.py
@@ -20,7 +20,7 @@ import yaml
 from openapi_core import Spec
 from pydantic import BaseModel
 
-VERSION_RE = re.compile(r"[Vv][0-9.]*")
+VERSION_RE = re.compile(r"^[Vv]([0-9]+)(\.([0-9]+))?$")
 # RE to split name from camelCase or by [`:`,`_`,`-`]
 SPLIT_NAME_RE = re.compile(r"(?<=[a-z])(?=[A-Z])|:|_|-")
 
diff --git a/codegenerator/common/rust.py b/codegenerator/common/rust.py
index 333e334..29151d5 100644
--- a/codegenerator/common/rust.py
+++ b/codegenerator/common/rust.py
@@ -978,6 +978,8 @@ class TypeManager:
         """Return static lifetimes of the Structure"""
         lifetimes = request_model.lifetimes
         for param in self.parameters.values():
+            if param.location == "header":
+                continue
             lt = param.lifetimes
             if lt:
                 lifetimes.update(lt)
diff --git a/codegenerator/rust_sdk.py b/codegenerator/rust_sdk.py
index 2dfa942..c1256a5 100644
--- a/codegenerator/rust_sdk.py
+++ b/codegenerator/rust_sdk.py
@@ -367,6 +367,16 @@ class RustSdkGenerator(BaseGenerator):
             spec, args.operation_name
         )
 
+        api_ver_matches: re.Match | None = None
+        path_elements = path.lstrip("/").split("/")
+        api_ver: dict[str, int] = {}
+        ver_prefix: str | None = None
+        if path_elements:
+            api_ver_matches = re.match(common.VERSION_RE, path_elements[0])
+            if api_ver_matches and api_ver_matches.groups():
+                # Remember the version prefix to discard it in the template
+                ver_prefix = path_elements[0]
+
         for operation_variant in operation_variants:
             logging.debug("Processing variant %s" % operation_variant)
             # TODO(gtema): if we are in MV variants filter out unsupported query
@@ -374,6 +384,14 @@ class RustSdkGenerator(BaseGenerator):
             # TODO(gtema): previously we were ensuring `router_id` path param
             # is renamed to `id`
 
+            if api_ver_matches:
+                api_ver = {
+                    "major": api_ver_matches.group(1),
+                    "minor": api_ver_matches.group(3) or 0,
+                }
+            else:
+                api_ver = {}
+
             class_name = res_name.title()
             operation_body = operation_variant.get("body")
             type_manager = TypeManager()
@@ -395,6 +413,13 @@ class RustSdkGenerator(BaseGenerator):
                 min_ver = operation_body.get("x-openstack", {}).get("min-ver")
                 if min_ver:
                     mod_name += "_" + min_ver.replace(".", "")
+                    v = min_ver.split(".")
+                    if not len(v) == 2:
+                        raise RuntimeError(
+                            "Version information is not in format MAJOR.MINOR"
+                        )
+                    api_ver = {"major": v[0], "minor": v[1]}
+
                 # There is request body. Get the ADT from jsonschema
                 # if args.operation_type != "action":
                 (_, all_types) = openapi_parser.parse(
@@ -464,13 +489,14 @@ class RustSdkGenerator(BaseGenerator):
                 sdk_service_name=common.get_rust_service_type_from_str(
                     args.service_type
                 ),
-                url=path[1:] if path.startswith("/") else path,
+                url=path.lstrip("/").lstrip(ver_prefix).lstrip("/"),
                 method=method,
                 type_manager=type_manager,
                 response_key=response_key,
                 response_list_item_key=args.response_list_item_key,
                 mime_type=mime_type,
                 is_json_patch=is_json_patch,
+                api_ver=api_ver,
             )
 
             work_dir = Path(target_dir, "rust", "openstack_sdk", "src")
diff --git a/codegenerator/templates/rust_sdk/impl.rs.j2 b/codegenerator/templates/rust_sdk/impl.rs.j2
index 61ee270..a2065ab 100644
--- a/codegenerator/templates/rust_sdk/impl.rs.j2
+++ b/codegenerator/templates/rust_sdk/impl.rs.j2
@@ -261,6 +261,13 @@ impl{{ type_manager.get_request_static_lifetimes(request) }} RestEndpoint for Re
     fn request_headers(&self) -> Option<&HeaderMap> {
         self._headers.as_ref()
     }
+{%- if api_ver %}
+
+    /// Returns required API version
+    fn api_version(&self) -> Option<ApiVersion> {
+        Some(ApiVersion::new({{ api_ver['major'] }}, {{ api_ver['minor'] }}))
+    }
+{%- endif %}
 }
 
 {#- EP is pageable if operation_type is list and there is limit or marker query parameter #}