diff --git a/configure.ac b/configure.ac
index 97b1dc468f4..d1ec160af8f 100644
--- a/configure.ac
+++ b/configure.ac
@@ -1,8 +1,8 @@
 AC_PREREQ([2.69])
 define(_CLIENT_VERSION_MAJOR, 28)
-define(_CLIENT_VERSION_MINOR, 2)
+define(_CLIENT_VERSION_MINOR, 3)
 define(_CLIENT_VERSION_BUILD, 0)
-define(_CLIENT_VERSION_RC, 0)
+define(_CLIENT_VERSION_RC, 1)
 define(_CLIENT_VERSION_IS_RELEASE, true)
 define(_COPYRIGHT_YEAR, 2025)
 define(_COPYRIGHT_HOLDERS,[The %s developers])