1 files changed, 2 insertions, 2 deletions
diff --git a/version.rb b/version.rb
index 154dd3d25d..2ba398f4de 100644
--- a/version.rb
+++ b/version.rb
@@ -2,8 +2,8 @@ module Rails
   module VERSION #:nodoc:
     MAJOR = 3
     MINOR = 2
-    TINY  = 2
-    PRE   = nil
+    TINY  = 3
+    PRE   = "rc1"
 
     STRING = [MAJOR, MINOR, TINY, PRE].compact.join('.')
   end