Spring @Value is not resolving to value from property file

I also found the reason @value was not working is, @value requires PropertySourcesPlaceholderConfigurer instead of a PropertyPlaceholderConfigurer. i did the same changes and it worked for me, i am using spring 4.0.3 release.
I configured this using below code in my configuration file –

@Bean 
public static PropertySourcesPlaceholderConfigurer propertySourcesPlaceholderConfigurer() {
return new PropertySourcesPlaceholderConfigurer();
}