diff --git a/Include/patchlevel.h b/Include/patchlevel.h
index 14ab4df..d3f3217 100644
--- a/Include/patchlevel.h
+++ b/Include/patchlevel.h
@@ -20,10 +20,10 @@
 #define PY_MINOR_VERSION	2
 #define PY_MICRO_VERSION	3
 #define PY_RELEASE_LEVEL	PY_RELEASE_LEVEL_GAMMA
-#define PY_RELEASE_SERIAL	1
+#define PY_RELEASE_SERIAL	2
 
 /* Version as a string */
-#define PY_VERSION      	"3.2.3rc1+"
+#define PY_VERSION      	"3.2.3rc2"
 /*--end constants--*/
 
 /* Subversion Revision number of this file (not of the repository). Empty
diff --git a/Lib/distutils/__init__.py b/Lib/distutils/__init__.py
index 3697505..d8d61c5 100644
--- a/Lib/distutils/__init__.py
+++ b/Lib/distutils/__init__.py
@@ -13,5 +13,5 @@
 # Updated automatically by the Python release process.
 #
 #--start constants--
-__version__ = "3.2.3rc1"
+__version__ = "3.2.3rc2"
 #--end constants--
diff --git a/Lib/idlelib/idlever.py b/Lib/idlelib/idlever.py
index cbcda05..250ecf0 100644
--- a/Lib/idlelib/idlever.py
+++ b/Lib/idlelib/idlever.py
@@ -1 +1 @@
-IDLE_VERSION = "3.2.3rc1"
+IDLE_VERSION = "3.2.3rc2"
diff --git a/Misc/NEWS b/Misc/NEWS
index ae00af7..30b14fa 100644
--- a/Misc/NEWS
+++ b/Misc/NEWS
@@ -2,28 +2,25 @@
 Python News
 +++++++++++
 
-What's New in Python 3.2.3?
-===========================
-
-*Release date: XX-XXX-2012*
-
-
 What's New in Python 3.2.3 release candidate 2?
 ===============================================
 
-*Release date: XX-Mar-2012*
+*Release date: 18-Mar-2012*
 
 Library
 -------
 
+- Issue #6884: Fix long-standing bugs with MANIFEST.in parsing in distutils
+  on Windows.
+
+Extension Modules
+-----------------
+
 - Issue #14234: CVE-2012-0876: Randomize hashes of xml attributes in the hash
   table internal to the pyexpat module's copy of the expat library to avoid a
   denial of service due to hash collisions.  Patch by David Malcolm with some
   modifications by the expat project.
 
-- Issue #6884: Fix long-standing bugs with MANIFEST.in parsing in distutils
-  on Windows.
-
 
 What's New in Python 3.2.3 release candidate 1?
 ===============================================
diff --git a/Misc/RPM/python-3.2.spec b/Misc/RPM/python-3.2.spec
index 985b79b..87bfda1 100644
--- a/Misc/RPM/python-3.2.spec
+++ b/Misc/RPM/python-3.2.spec
@@ -39,7 +39,7 @@
 
 %define name python
 #--start constants--
-%define version 3.2.3rc1
+%define version 3.2.3rc2
 %define libvers 3.2
 #--end constants--
 %define release 1pydotorg
diff --git a/README b/README
index 2ed1c05..332c9b1 100644
--- a/README
+++ b/README
@@ -1,4 +1,4 @@
-This is Python version 3.2.3 rc1
+This is Python version 3.2.3 rc2
 ================================
 
 Copyright (c) 2001, 2002, 2003, 2004, 2005, 2006, 2007, 2008, 2009, 2010, 2011,