Bump version to 3.2.3rc1.
diff --git a/Misc/NEWS b/Misc/NEWS
index eeab400..e2523d0 100644
--- a/Misc/NEWS
+++ b/Misc/NEWS
@@ -2,22 +2,22 @@
 Python News
 +++++++++++
 
-What's New in Python 3.2.3?
-===========================
+What's New in Python 3.2.3 release candidate 1?
+===============================================
 
-*Release date: XX-XXX-2011*
+*Release date: 24-Feb-2011*
 
 Core and Builtins
 -----------------
 
-- Issue #14084: Fix a file descriptor leak when importing a module with a
-  bad encoding.
-
 - Issue #13703: oCERT-2011-003: add -R command-line option and PYTHONHASHSEED
   environment variable, to provide an opt-in way to protect against denial of
   service attacks due to hash collisions within the dict and set types.  Patch
   by David Malcolm, based on work by Victor Stinner.
 
+- Issue #14084: Fix a file descriptor leak when importing a module with a
+  bad encoding.
+
 - Issue #13020: Fix a reference leak when allocating a structsequence object
   fails.  Patch by Suman Saha.