diff --git a/Makefile b/Makefile
index 2d3daf7c1211..5be2ee8c90e4 100644
--- a/Makefile
+++ b/Makefile
@@ -1,7 +1,7 @@
 VERSION = 3
-PATCHLEVEL = 6
+PATCHLEVEL = 7
 SUBLEVEL = 0
-EXTRAVERSION =
+EXTRAVERSION = -rc1
 NAME = Terrified Chipmunk
 
 # *DOCUMENTATION*