diff --git a/doc/conf.py b/doc/conf.py
index b5fd38b270925..4d78b8f591baa 100644
--- a/doc/conf.py
+++ b/doc/conf.py
@@ -59,7 +59,7 @@
 # The short X.Y version.
 version = '0.5'
 # The full version, including alpha/beta/rc tags.
-release = '0.5-rc'
+release = '0.5-rc2'
 
 # The language for content autogenerated by Sphinx. Refer to documentation
 # for a list of supported languages.
diff --git a/scikits/learn/__init__.py b/scikits/learn/__init__.py
index 107d70ecb6309..0d598f517eb0b 100644
--- a/scikits/learn/__init__.py
+++ b/scikits/learn/__init__.py
@@ -46,5 +46,5 @@ def test(self, label='fast', verbose=1, extra_argv=['--exe'],
            'logistic', 'lda', 'metrics', 'svm', 'features', 'clone', 
            'test']
 
-__version__ = '0.5.rc'
+__version__ = '0.5.rc2'
 
diff --git a/setup.py b/setup.py
index 0f5f51c76a3fb..59ce4f8e799fe 100644
--- a/setup.py
+++ b/setup.py
@@ -16,7 +16,7 @@
 URL                 = 'http://scikit-learn.sourceforge.net'
 LICENSE             = 'new BSD'
 DOWNLOAD_URL        = 'http://sourceforge.net/projects/scikit-learn/files/'
-VERSION             = '0.5-rc'
+VERSION             = '0.5-rc2'
 
 import setuptools # we are using a setuptools namespace
 from numpy.distutils.core import setup