diff --git a/ArduCopter/ArduCopter.pde b/ArduCopter/ArduCopter.pde
index 99b9594f84..22ee4c0a76 100644
--- a/ArduCopter/ArduCopter.pde
+++ b/ArduCopter/ArduCopter.pde
@@ -1,6 +1,6 @@
 /// -*- tab-width: 4; Mode: C++; c-basic-offset: 4; indent-tabs-mode: nil -*-
 
-#define THISFIRMWARE "ArduCopter V3.2-rc1"
+#define THISFIRMWARE "ArduCopter V3.2-rc2"
 /*
    This program is free software: you can redistribute it and/or modify
    it under the terms of the GNU General Public License as published by
diff --git a/ArduCopter/ReleaseNotes.txt b/ArduCopter/ReleaseNotes.txt
index 1160c09ff5..f45eabf931 100644
--- a/ArduCopter/ReleaseNotes.txt
+++ b/ArduCopter/ReleaseNotes.txt
@@ -1,5 +1,12 @@
 ArduCopter Release Notes:
 ------------------------------------------------------------------
+ArduCopter 3.2-rc2 27-May-2014
+Changes from 3.2-rc1
+1) Hybrid mode initialisation bug fix
+2) Throttle pulsing bug fix on Pixhawk
+3) Parachute enabled on Pixhawk
+4) Rally Points enabled on Pixhawk
+------------------------------------------------------------------
 ArduCopter 3.2-rc1 9-May-2014
 Changes from 3.1.4
 1) Hybrid mode - position hold mode but with direct response to pilot input during repositioning (JulienD, SandroT)