diff --git a/build.gradle b/build.gradle
index ac62af2c8b..b441de5c95 100644
--- a/build.gradle
+++ b/build.gradle
@@ -4,7 +4,7 @@ buildscript {
     file("$projectDir/constants.properties").withInputStream { constants.load(it) }
 
     // Our version: bump this on release.
-    ext.corda_release_version = "0.16-SNAPSHOT"
+    ext.corda_release_version = "1.0.0-RC2"
     // Increment this on any release that changes public APIs anywhere in the Corda platform
     // TODO This is going to be difficult until we have a clear separation throughout the code of what is public and what is internal
     ext.corda_platform_version = 1