diff --git a/version.php b/version.php
index 0f78ecc869e..20eaf55530b 100644
--- a/version.php
+++ b/version.php
@@ -29,11 +29,11 @@
 
 defined('MOODLE_INTERNAL') || die();
 
-$version  = 2016113000.00;              // YYYYMMDD      = weekly release date of this DEV branch.
+$version  = 2016120200.00;              // YYYYMMDD      = weekly release date of this DEV branch.
                                         //         RR    = release increments - 00 in DEV branches.
                                         //           .XX = incremental changes.
 
-$release  = '3.2rc4 (Build: 20161129)'; // Human-friendly version name
+$release  = '3.2rc5 (Build: 20161202)'; // Human-friendly version name
 
 $branch   = '32';                       // This version's branch.
 $maturity = MATURITY_RC;             // This version's maturity level.