diff --git a/Makefile b/Makefile
index dc2e3d8b31..c42432b789 100644
--- a/Makefile
+++ b/Makefile
@@ -24,7 +24,7 @@
 VERSION = 2011
 PATCHLEVEL = 03
 SUBLEVEL =
-EXTRAVERSION = -rc1
+EXTRAVERSION = -rc2
 ifneq "$(SUBLEVEL)" ""
 U_BOOT_VERSION = $(VERSION).$(PATCHLEVEL).$(SUBLEVEL)$(EXTRAVERSION)
 else