diff --git a/Makefile b/Makefile
index 5ee6f68898693d..23cdf1f4136468 100644
--- a/Makefile
+++ b/Makefile
@@ -2,7 +2,7 @@
 VERSION = 5
 PATCHLEVEL = 3
 SUBLEVEL = 0
-EXTRAVERSION = -rc2
+EXTRAVERSION = -rc3
 NAME = Bobtail Squid
 
 # *DOCUMENTATION*