diff --git a/version.php b/version.php
index 1f27de74d08..439cb97b6d9 100644
--- a/version.php
+++ b/version.php
@@ -29,11 +29,11 @@
 
 defined('MOODLE_INTERNAL') || die();
 
-$version  = 2017051501.12;              // 20170515      = branching date YYYYMMDD - do not modify!
+$version  = 2017051502.00;              // 20170515      = branching date YYYYMMDD - do not modify!
                                         //         RR    = release increments - 00 in DEV branches.
                                         //           .XX = incremental changes.
 
-$release  = '3.3.1+ (Build: 20170907)'; // Human-friendly version name
+$release  = '3.3.2 (Build: 20170911)'; // Human-friendly version name
 
 $branch   = '33';                       // This version's branch.
 $maturity = MATURITY_STABLE;             // This version's maturity level.