diff --git a/Lib/idlelib/NEWS.txt b/Lib/idlelib/NEWS.txt
index e4b7ecd..a454ea5 100644
--- a/Lib/idlelib/NEWS.txt
+++ b/Lib/idlelib/NEWS.txt
@@ -1,7 +1,7 @@
-What's New in IDLE 1.2c1?
+What's New in IDLE 1.2b3?
 =========================
 
-*Release date: XX-XXX-2006*
+*Release date: 03-AUG-2006*
 
 - EditorWindow.test() was failing.  Bug 1417598
 
diff --git a/Lib/idlelib/idlever.py b/Lib/idlelib/idlever.py
index 153651c..07d3d82 100644
--- a/Lib/idlelib/idlever.py
+++ b/Lib/idlelib/idlever.py
@@ -1 +1 @@
-IDLE_VERSION = "1.2b2"
+IDLE_VERSION = "1.2b3"