diff --git a/React.podspec b/React.podspec
index a1e7207e021..5ea6921191d 100644
--- a/React.podspec
+++ b/React.podspec
@@ -1,6 +1,6 @@
 Pod::Spec.new do |s|
   s.name                = "React"
-  s.version             = "0.0.1-master"
+  s.version             = "0.23.0-rc2"
   s.summary             = "Build high quality mobile apps using React."
   s.description         = <<-DESC
                             React Native apps are built using the React JS
diff --git a/ReactAndroid/gradle.properties b/ReactAndroid/gradle.properties
index e038115dd4e..d0e60551133 100644
--- a/ReactAndroid/gradle.properties
+++ b/ReactAndroid/gradle.properties
@@ -1,4 +1,4 @@
-VERSION_NAME=0.12.0-SNAPSHOT
+VERSION_NAME=0.23.0-rc2
 GROUP=com.facebook.react
 
 POM_NAME=ReactNative
diff --git a/package.json b/package.json
index 5f42ae7fd22..d5ad363780f 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "react-native",
-  "version": "0.0.0-master",
+  "version": "0.23.0-rc2",
   "description": "A framework for building native apps using React",
   "license": "BSD-3-Clause",
   "repository": {