diff --git a/Makefile b/Makefile
index 7900b9165..7214cc654 100644
--- a/Makefile
+++ b/Makefile
@@ -1,5 +1,5 @@
 VERSION_MAJOR		:= 1
-VERSION_MINOR		:= 2
+VERSION_MINOR		:= 3-rc1
 VERSION_SUBLEVEL	:=
 VERSION_EXTRA		:=
 VERSION_NAME		:=