diff --git a/Doc/commontex/boilerplate.tex b/Doc/commontex/boilerplate.tex
index c23b64f6a6e..974943245e9 100644
--- a/Doc/commontex/boilerplate.tex
+++ b/Doc/commontex/boilerplate.tex
@@ -5,5 +5,5 @@
 	Email: \email{docs@python.org}
 }
 
-\date{11th July, 2006}			% XXX update before final release!
+\date{3rd August, 2006}			% XXX update before final release!
 \input{patchlevel}		% include Python version information
diff --git a/Include/patchlevel.h b/Include/patchlevel.h
index e04e05254e1..655257432c4 100644
--- a/Include/patchlevel.h
+++ b/Include/patchlevel.h
@@ -23,10 +23,10 @@
 #define PY_MINOR_VERSION	5
 #define PY_MICRO_VERSION	0
 #define PY_RELEASE_LEVEL	PY_RELEASE_LEVEL_BETA
-#define PY_RELEASE_SERIAL	2
+#define PY_RELEASE_SERIAL	3
 
 /* Version as a string */
-#define PY_VERSION		"2.5b2"
+#define PY_VERSION		"2.5b3"
 
 /* Subversion Revision number of this file (not of the repository) */
 #define PY_PATCHLEVEL_REVISION  "$Revision$"
diff --git a/Lib/idlelib/NEWS.txt b/Lib/idlelib/NEWS.txt
index e4b7ecdecab..a454ea58c3a 100644
--- a/Lib/idlelib/NEWS.txt
+++ b/Lib/idlelib/NEWS.txt
@@ -1,7 +1,7 @@
-What's New in IDLE 1.2c1?
+What's New in IDLE 1.2b3?
 =========================
 
-*Release date: XX-XXX-2006*
+*Release date: 03-AUG-2006*
 
 - EditorWindow.test() was failing.  Bug 1417598
 
diff --git a/Lib/idlelib/idlever.py b/Lib/idlelib/idlever.py
index 153651c29d4..07d3d827c9a 100644
--- a/Lib/idlelib/idlever.py
+++ b/Lib/idlelib/idlever.py
@@ -1 +1 @@
-IDLE_VERSION = "1.2b2"
+IDLE_VERSION = "1.2b3"
diff --git a/Misc/NEWS b/Misc/NEWS
index 0d05e038053..13323f5a489 100644
--- a/Misc/NEWS
+++ b/Misc/NEWS
@@ -7,7 +7,7 @@ Python News
 What's New in Python 2.5 beta 3?
 ================================
 
-*Release date: XX-AUG-2006*
+*Release date: 03-AUG-2006*
 
 Core and builtins
 -----------------
diff --git a/Misc/RPM/python-2.5.spec b/Misc/RPM/python-2.5.spec
index 7d1264333f7..afbb09e5c27 100644
--- a/Misc/RPM/python-2.5.spec
+++ b/Misc/RPM/python-2.5.spec
@@ -33,7 +33,7 @@
 #################################
 
 %define name python
-%define version 2.5b2
+%define version 2.5b3
 %define libvers 2.5
 %define release 1pydotorg
 %define __prefix /usr
diff --git a/README b/README
index e4adbd32021..d3d7390c2a7 100644
--- a/README
+++ b/README
@@ -1,5 +1,5 @@
-This is Python version 2.5 beta 2
-==================================
+This is Python version 2.5 beta 3
+=================================
 
 Copyright (c) 2001, 2002, 2003, 2004, 2005, 2006 Python Software Foundation.
 All rights reserved.