diff --git a/CHANGES b/CHANGES
index 265907d2..a61c3218 100644
--- a/CHANGES
+++ b/CHANGES
@@ -1,4 +1,4 @@
-v1.3.16dev3 (October 9, 2020)
+v1.3.16rc1 (October 9, 2020)
 * Re-add braces for if-else that have only statement [Samir Hussain]
 * xl2tpd-control refactoring [Alexander Naumov]
 * fix travis 'script' syntax [Alexander Naumov]
diff --git a/Makefile.ver b/Makefile.ver
index 50b1fe2a..6e26cfde 100644
--- a/Makefile.ver
+++ b/Makefile.ver
@@ -1 +1 @@
-XL2TPDVERSION=1.3.16dev3
+XL2TPDVERSION=1.3.16rc1
diff --git a/l2tp.h b/l2tp.h
index bd27c05a..7b2c8b52 100644
--- a/l2tp.h
+++ b/l2tp.h
@@ -59,7 +59,7 @@ typedef unsigned long long _u64;
 #define CONTROL_PIPE_REQ_LNS_REMOVE 'w'     /* Get status of LNS */
 
 #define BINARY "xl2tpd"
-#define SERVER_VERSION "xl2tpd-1.3.16dev3"
+#define SERVER_VERSION "xl2tpd-1.3.16rc1"
 #define VENDOR_NAME "xelerance.com"
 #ifndef PPPD
 #define PPPD		"/usr/sbin/pppd"
diff --git a/packaging/fedora/xl2tpd.spec b/packaging/fedora/xl2tpd.spec
index 83d05fe3..64bb4a46 100644
--- a/packaging/fedora/xl2tpd.spec
+++ b/packaging/fedora/xl2tpd.spec
@@ -1,6 +1,6 @@
 Summary: Layer 2 Tunnelling Protocol Daemon (RFC 2661)
 Name: xl2tpd
-Version: 1.3.16dev3
+Version: 1.3.16rc1
 Release: 1%{?dist}
 License: GPLv2
 Url: http://www.xelerance.com/software/xl2tpd/
diff --git a/packaging/openwrt/Makefile b/packaging/openwrt/Makefile
index 41d63c66..b54b3a01 100644
--- a/packaging/openwrt/Makefile
+++ b/packaging/openwrt/Makefile
@@ -2,7 +2,7 @@
 include $(TOPDIR)/rules.mk
 
 PKG_NAME:=xl2tpd
-PKG_VERSION:=1.3.16dev3
+PKG_VERSION:=1.3.16rc1
 PKG_RELEASE:=1
 PKG_MD5SUM:=ab5656eb5a3d1973f7f69b039675332e-NEEDSUPDATING
 
diff --git a/packaging/suse/sles10.spec b/packaging/suse/sles10.spec
index 61e3f2ea..5cfcfaeb 100644
--- a/packaging/suse/sles10.spec
+++ b/packaging/suse/sles10.spec
@@ -1,6 +1,6 @@
 Summary: Layer 2 Tunnelling Protocol Daemon (RFC 2661)
 Name: xl2tpd
-Version: 1.3.16dev3
+Version: 1.3.16rc1
 Release: 1%{?dist}
 License: GPLv2
 Url: http://www.xelerance.com/software/xl2tpd/
diff --git a/packaging/suse/xl2tpd.spec b/packaging/suse/xl2tpd.spec
index fa6caa34..c4ed15a6 100644
--- a/packaging/suse/xl2tpd.spec
+++ b/packaging/suse/xl2tpd.spec
@@ -22,7 +22,7 @@
 %define rundir /run
 %endif
 Name:           xl2tpd
-Version: 1.3.16dev3
+Version: 1.3.16rc1
 Release:        0
 Summary:        Layer 2 Tunnelling Protocol Daemon (RFC 2661)
 License:        GPL-2.0-only