diff --git a/configure.in b/configure.in
index 99f97da48..6cdf2a498 100644
--- a/configure.in
+++ b/configure.in
@@ -1,5 +1,5 @@
 AC_PREREQ(2.60)
-AC_INIT([openocd], [0.3.0-dev],
+AC_INIT([openocd], [0.3.0-rc0],
   [OpenOCD Mailing List <openocd-development@lists.berlios.de>])
 AC_CONFIG_SRCDIR([src/openocd.c])