diff --git a/Include/patchlevel.h b/Include/patchlevel.h
index f42abe4..5abf9e2 100644
--- a/Include/patchlevel.h
+++ b/Include/patchlevel.h
@@ -20,10 +20,10 @@
 #define PY_MINOR_VERSION	1
 #define PY_MICRO_VERSION	0
 #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      	"3.1rc1+"
+#define PY_VERSION      	"3.1rc2"
 /*--end constants--*/
 
 /* Subversion Revision number of this file (not of the repository) */