diff --git a/Include/patchlevel.h b/Include/patchlevel.h
index d911a39..400f4f1 100644
--- a/Include/patchlevel.h
+++ b/Include/patchlevel.h
@@ -24,10 +24,10 @@
 #define PY_MINOR_VERSION	7
 #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      	"2.7rc1+"
+#define PY_VERSION      	"2.7rc2"
 /*--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 7f30210..bdbf2b2 100644
--- a/Lib/distutils/__init__.py
+++ b/Lib/distutils/__init__.py
@@ -15,5 +15,5 @@
 # Updated automatically by the Python release process.
 #
 #--start constants--
-__version__ = "2.7rc1"
+__version__ = "2.7rc2"
 #--end constants--
diff --git a/Lib/idlelib/idlever.py b/Lib/idlelib/idlever.py
index 843be1c..e2ada8c 100644
--- a/Lib/idlelib/idlever.py
+++ b/Lib/idlelib/idlever.py
@@ -1 +1 @@
-IDLE_VERSION = "2.7rc1"
+IDLE_VERSION = "2.7rc2"
diff --git a/Misc/NEWS b/Misc/NEWS
index 984d2ef..0f0f837 100644
--- a/Misc/NEWS
+++ b/Misc/NEWS
@@ -7,7 +7,7 @@
 What's New in Python 2.7 release candidate 2?
 =============================================
 
-*Release date: XXXX-XX-XX*
+*Release date: 2010-06-20*
 
 Core and Builtins
 -----------------
diff --git a/Misc/RPM/python-2.7.spec b/Misc/RPM/python-2.7.spec
index 0b24195..5df97b0 100644
--- a/Misc/RPM/python-2.7.spec
+++ b/Misc/RPM/python-2.7.spec
@@ -39,7 +39,7 @@
 
 %define name python
 #--start constants--
-%define version 2.7rc1
+%define version 2.7rc2
 %define libver 2.7
 #--end constants--
 %define release 1pydotorg
diff --git a/README b/README
index bfdb52d..34a6726 100644
--- a/README
+++ b/README
@@ -1,4 +1,4 @@
-This is Python version 2.7 release candidate 1
+This is Python version 2.7 release candidate 2
 ==============================================
 
 Copyright (c) 2001, 2002, 2003, 2004, 2005, 2006, 2007, 2008, 2009, 2010