Bump version to 3.2.2rc1.
diff --git a/Misc/NEWS b/Misc/NEWS
index 354d09a..db2a741 100644
--- a/Misc/NEWS
+++ b/Misc/NEWS
@@ -2,10 +2,10 @@
 Python News
 +++++++++++
 
-What's New in Python 3.2.2?
-===========================
+What's New in Python 3.2.2 release candidate 1?
+===============================================
 
-*Release date: XX-XXX-2011*
+*Release date: 14-Aug-2011*
 
 Core and Builtins
 -----------------
diff --git a/Misc/RPM/python-3.2.spec b/Misc/RPM/python-3.2.spec
index 955ca3d..0f2958c 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 3.2.1
+%define version 3.2.2rc1
 %define libvers 3.2
 #--end constants--
 %define release 1pydotorg