diff --git a/CMakeLists.txt b/CMakeLists.txt
index 4ad421bb2..fe46299e6 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -47,13 +47,13 @@ endif()
 PROJECT(OpenSceneGraph)
 
 SET(OPENSCENEGRAPH_MAJOR_VERSION 3)
-SET(OPENSCENEGRAPH_MINOR_VERSION 1)
-SET(OPENSCENEGRAPH_PATCH_VERSION 10)
+SET(OPENSCENEGRAPH_MINOR_VERSION 2)
+SET(OPENSCENEGRAPH_PATCH_VERSION 0)
 SET(OPENSCENEGRAPH_SOVERSION 99)
 
 # set to 0 when not a release candidate, non zero means that any generated
 # svn tags will be treated as release candidates of given number
-SET(OPENSCENEGRAPH_RELEASE_CANDIDATE 0)
+SET(OPENSCENEGRAPH_RELEASE_CANDIDATE 1)
 
 SET(OPENSCENEGRAPH_VERSION ${OPENSCENEGRAPH_MAJOR_VERSION}.${OPENSCENEGRAPH_MINOR_VERSION}.${OPENSCENEGRAPH_PATCH_VERSION})
 
diff --git a/include/osg/Version b/include/osg/Version
index 5cbc91e6c..c522806d8 100644
--- a/include/osg/Version
+++ b/include/osg/Version
@@ -19,8 +19,8 @@
 extern "C" {
 
 #define OPENSCENEGRAPH_MAJOR_VERSION    3
-#define OPENSCENEGRAPH_MINOR_VERSION    1
-#define OPENSCENEGRAPH_PATCH_VERSION    10
+#define OPENSCENEGRAPH_MINOR_VERSION    2
+#define OPENSCENEGRAPH_PATCH_VERSION    0
 #define OPENSCENEGRAPH_SOVERSION        99
 
 /* Convenience macro that can be used to decide whether a feature is present or not i.e.