diff --git a/Include/patchlevel.h b/Include/patchlevel.h
index 06c6861..1a0752a 100644
--- a/Include/patchlevel.h
+++ b/Include/patchlevel.h
@@ -20,10 +20,10 @@
 #define PY_MINOR_VERSION	0
 #define PY_MICRO_VERSION	0
 #define PY_RELEASE_LEVEL	PY_RELEASE_LEVEL_BETA
-#define PY_RELEASE_SERIAL	2
+#define PY_RELEASE_SERIAL	3
 
 /* Version as a string */
-#define PY_VERSION      	"3.0b2+"
+#define PY_VERSION      	"3.0b3"
 /*--end constants--*/
 
 /* Subversion Revision number of this file (not of the repository) */
diff --git a/Lib/distutils/__init__.py b/Lib/distutils/__init__.py
index 48bb005..9af2d92 100644
--- a/Lib/distutils/__init__.py
+++ b/Lib/distutils/__init__.py
@@ -20,5 +20,5 @@
 #
 
 #--start constants--
-__version__ = "3.0b2"
+__version__ = "3.0b3"
 #--end constants--
diff --git a/Lib/idlelib/idlever.py b/Lib/idlelib/idlever.py
index eac348d..e5027cd 100644
--- a/Lib/idlelib/idlever.py
+++ b/Lib/idlelib/idlever.py
@@ -1 +1 @@
-IDLE_VERSION = "3.0b2"
+IDLE_VERSION = "3.0b3"
diff --git a/Misc/NEWS b/Misc/NEWS
index 9c521f2..3a076fb 100644
--- a/Misc/NEWS
+++ b/Misc/NEWS
@@ -7,7 +7,7 @@
 What's new in Python 3.0b3?
 ===========================
 
-*Release date: XX-XXX-2008*
+*Release date: 20-Aug-2008*
 
 Core and Builtins
 -----------------
diff --git a/Misc/RPM/python-3.0.spec b/Misc/RPM/python-3.0.spec
index 30352b1..3dd2ca1 100644
--- a/Misc/RPM/python-3.0.spec
+++ b/Misc/RPM/python-3.0.spec
@@ -34,7 +34,7 @@
 
 %define name python
 #--start constants--
-%define version 3.0b2
+%define version 3.0b3
 %define libver 3.0
 #--end constants--
 %define release 1pydotorg
diff --git a/README b/README
index f659e9c..80cfb62 100644
--- a/README
+++ b/README
@@ -1,4 +1,4 @@
-This is Python version 3.0 beta 2
+This is Python version 3.0 beta 3
 =================================
 
 For notes specific to this release, see RELNOTES in this directory.
diff --git a/RELNOTES b/RELNOTES
index 1fffe29..c19a054 100644
--- a/RELNOTES
+++ b/RELNOTES
@@ -6,6 +6,12 @@
 Please report bugs to http://bugs.python.org/.
 
 
+Version 3.0b3 - Release Date 20-Aug-2008
+----------------------------------------
+
+Please search the bug tracker for critical issues in Python 3.0.
+
+
 Version 3.0b2 - Release Date 17-Jul-2008
 ----------------------------------------