diff --git a/CHANGES b/CHANGES
index 73ee66d239..ed5efe43c8 100644
--- a/CHANGES
+++ b/CHANGES
@@ -1,3 +1,12 @@
+2009.05-rc3, Released May 27th, 2009:
+
+	Fixes for toolchain (gcc arm pr37436), stable kernel versions,
+	busybox, curl, libusb, readline, python and strace.
+
+	Issues resolved (http://bugs.uclibc.org):
+
+	#345: libcurl package needs a urandom fix
+
 2009.05-rc2, Released May 19th, 2009:
 
 	Fixes for toolchain (gcc w/softfloat on ppc, 3.4.6 buildfix
diff --git a/Config.in b/Config.in
index 998bcf1860..cad5db03e8 100644
--- a/Config.in
+++ b/Config.in
@@ -8,7 +8,7 @@ config BR2_HAVE_DOT_CONFIG
 
 config BR2_VERSION
 	string
-	default "2009.05-rc2"
+	default "2009.05-rc3"
 
 source "target/Config.in.arch"
 source "target/device/Config.in"