diff --git a/Makefile b/Makefile
index 1538f8af1ba2..8748b1b36fb8 100644
--- a/Makefile
+++ b/Makefile
@@ -1,7 +1,7 @@
 VERSION = 2
 PATCHLEVEL = 6
 SUBLEVEL = 16
-EXTRAVERSION = .33
+EXTRAVERSION = .34-rc1
 NAME=Stable Penguin
 
 # *DOCUMENTATION*