diff --git a/CMakeLists.txt b/CMakeLists.txt
index 822185312..353e88df1 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -248,7 +248,7 @@ if (NOT USE_PRE_BUILT_NGRAPH)
     ExternalProject_Add(
         ext_ngraph
         GIT_REPOSITORY https://github.com/NervanaSystems/ngraph
-        GIT_TAG v0.28.0-rc.0
+        GIT_TAG v0.28.0-rc.1
         CMAKE_ARGS 
             -DNGRAPH_DISTRIBUTED_ENABLE=${NGRAPH_DISTRIBUTED_ENABLE}
             -DNGRAPH_INSTALL_PREFIX=${NGRAPH_ARTIFACTS_DIR}
diff --git a/README.md b/README.md
index 4358048c7..d5923cb49 100644
--- a/README.md
+++ b/README.md
@@ -88,7 +88,7 @@ Once TensorFlow's dependencies are installed, clone the `ngraph-bridge` repo:
 
         git clone https://github.com/tensorflow/ngraph-bridge.git
         cd ngraph-bridge
-        git checkout v0.22.0-rc2
+        git checkout v0.22.0-rc3
 
 Run the following Python script to build TensorFlow, nGraph, and the bridge. Use Python 3.5:
 
diff --git a/bazel/WORKSPACE b/bazel/WORKSPACE
index 541bb891e..eb19be550 100644
--- a/bazel/WORKSPACE
+++ b/bazel/WORKSPACE
@@ -55,11 +55,11 @@ tf_workspace(path_prefix = "", tf_repo_name = "org_tensorflow")
 http_archive(
     name = "ngraph",
     build_file = "//:bazel/ngraph.BUILD",
-    sha256 = "be59da1e04840b3980d3bcba7925b99ac2007e37e3952ef7c77caedba9734654",
-    strip_prefix = "ngraph-0.28.0-rc.0",
+    sha256 = "24e723f7ed47e2c0068fb5868d8ca88542948a13c9de063d8108f2b67785b089",
+    strip_prefix = "ngraph-0.28.0-rc.1",
     urls = [
-        "https://mirror.bazel.build/github.com/NervanaSystems/ngraph/archive/v0.28.0-rc.0.tar.gz",
-        "https://github.com/NervanaSystems/ngraph/archive/v0.28.0-rc.0.tar.gz"
+        "https://mirror.bazel.build/github.com/NervanaSystems/ngraph/archive/v0.28.0-rc.1.tar.gz",
+        "https://github.com/NervanaSystems/ngraph/archive/v0.28.0-rc.1.tar.gz"
     ],
 )
 
diff --git a/bazel/ngraph.BUILD b/bazel/ngraph.BUILD
index ddc6b081d..cc84b81a0 100644
--- a/bazel/ngraph.BUILD
+++ b/bazel/ngraph.BUILD
@@ -68,7 +68,7 @@ cc_library(
         "-fstack-protector-all",
         '-D SHARED_LIB_PREFIX=\\"lib\\"',
         '-D SHARED_LIB_SUFFIX=\\".so\\"',
-        '-D NGRAPH_VERSION=\\"v0.28.0-rc.0\\"',
+        '-D NGRAPH_VERSION=\\"v0.28.0-rc.1\\"',
         "-D NGRAPH_DEX_ONLY",
         '-D PROJECT_ROOT_DIR=\\"\\"',
         '-D NGRAPH_STATIC_LIB_ENABLE',
@@ -112,7 +112,7 @@ cc_library(
         "-fstack-protector-all",
         '-D SHARED_LIB_PREFIX=\\"lib\\"',
         '-D SHARED_LIB_SUFFIX=\\".so\\"',
-        '-D NGRAPH_VERSION=\\"v0.28.0-rc.0\\"',
+        '-D NGRAPH_VERSION=\\"v0.28.0-rc.1\\"',
         "-D NGRAPH_DEX_ONLY",
         '-D PROJECT_ROOT_DIR=\\"\\"',
         '-D NGRAPH_USE_LEGACY_MKLDNN',
@@ -272,7 +272,7 @@ cc_library(
         "-fstack-protector-all",
         '-D SHARED_LIB_PREFIX=\\"lib\\"',
         '-D SHARED_LIB_SUFFIX=\\".so\\"',
-        '-D NGRAPH_VERSION=\\"v0.28.0-rc.0\\"',
+        '-D NGRAPH_VERSION=\\"v0.28.0-rc.1\\"',
         "-D NGRAPH_DEX_ONLY",
         '-D PROJECT_ROOT_DIR=\\"\\"',
         '-D NGRAPH_CPU_STATIC_LIB_ENABLE',
diff --git a/build_ngtf.py b/build_ngtf.py
index 71f7f0220..f0667c55d 100755
--- a/build_ngtf.py
+++ b/build_ngtf.py
@@ -53,7 +53,7 @@ def main():
     '''
 
     # Component versions
-    ngraph_version = "v0.28.0-rc.0"
+    ngraph_version = "v0.28.0-rc.1"
     tf_version = "v1.14.0"
 
     # Command line parser options
diff --git a/ngraph_bridge/version.cc b/ngraph_bridge/version.cc
index 506421f7e..569391a99 100644
--- a/ngraph_bridge/version.cc
+++ b/ngraph_bridge/version.cc
@@ -32,7 +32,7 @@
 // candidate such as v0.7.0-rc0
 // The code in master will always have the last released version number
 // with a suffix of '-master'
-#define NG_TF_VERSION_SUFFIX "-rc2"
+#define NG_TF_VERSION_SUFFIX "-rc3"
 
 #define VERSION_STR_HELPER(x) #x
 #define VERSION_STR(x) VERSION_STR_HELPER(x)
diff --git a/python/setup.in.py b/python/setup.in.py
index c87d36e88..6e0a37428 100644
--- a/python/setup.in.py
+++ b/python/setup.in.py
@@ -59,7 +59,7 @@ def get_tag(self):
 
 setup( 
     name='ngraph_tensorflow_bridge',
-    version='0.22.0rc2',
+    version='0.22.0rc3',
     description='Intel nGraph compiler and runtime for TensorFlow',
     long_description=long_description,
     long_description_content_type="text/markdown",