diff --git a/Makefile b/Makefile
index 6647fbd2e..d57c15e74 100644
--- a/Makefile
+++ b/Makefile
@@ -24,7 +24,7 @@
 VERSION = 2012
 PATCHLEVEL = 07
 SUBLEVEL =
-EXTRAVERSION = -rc2
+EXTRAVERSION = -rc3
 ifneq "$(SUBLEVEL)" ""
 U_BOOT_VERSION = $(VERSION).$(PATCHLEVEL).$(SUBLEVEL)$(EXTRAVERSION)
 else