diff --git a/Makefile b/Makefile
index 8742f5a059b8..7623f4cbf1ac 100644
--- a/Makefile
+++ b/Makefile
@@ -1,7 +1,7 @@
 VERSION = 2
 PATCHLEVEL = 6
 SUBLEVEL = 16
-EXTRAVERSION = .48
+EXTRAVERSION = .49-rc1
 NAME=Stable Penguin
 
 # *DOCUMENTATION*