diff --git a/Makefile b/Makefile
index 14c93b39b929..42d0e56818ea 100644
--- a/Makefile
+++ b/Makefile
@@ -1,7 +1,7 @@
 VERSION = 3
 PATCHLEVEL = 7
 SUBLEVEL = 0
-EXTRAVERSION = -rc2
+EXTRAVERSION = -rc3
 NAME = Terrified Chipmunk
 
 # *DOCUMENTATION*