diff --git a/Makefile.am b/Makefile.am
index 0cce0769..2fc75bbf 100644
--- a/Makefile.am
+++ b/Makefile.am
@@ -13,8 +13,8 @@ ACLOCAL_AMFLAGS = -I m4
 # increment to Libevent 3.0 unless we know in advance we're breaking
 # the ABI.
 #
-#RELEASE = -release 2.0
-RELEASE =
+RELEASE = -release 2.0
+#RELEASE =
 
 # This is the version info for the libevent binary API.  It has three
 # numbers:
@@ -33,7 +33,7 @@ RELEASE =
 #        Return (current+1:0:0)
 #
 # Once an RC is out, DO NOT MAKE ANY ABI-BREAKING CHANGES IN THAT SERIES.
-VERSION_INFO = 4:0:0
+VERSION_INFO = 2:0:0
 
 # History:          RELEASE    VERSION_INFO
 #  2.0.1-alpha --     2.0        1:0:0
@@ -41,12 +41,12 @@ VERSION_INFO = 4:0:0
 #  2.0.3-alpha --                2:0:0  (should have incremented; didn't.)
 #  2.0.4-alpha --                3:0:0
 #  2.0.5-beta  --                4:0:0
-# Planned:
 #  2.0.6-rc  --       2.0        2:0:0
+# Planned:
 #  2.0.7-stable --    2.0        2:1:0  (Assuming no ABI change)
 #
 # If Libevent 2.1.1 makes 'struct event' etc opaque in the headers:
-#  2.1.1-alpha --     2.x        1:0:0
+#  2.1.1-alpha --     2.1        1:0:0
 # If Libevent 2.1.1 does not makes 'struct event' opaque in the headers:
 #  2.1.1-alpha --     2.1        1:0:0
 
diff --git a/WIN32-Code/event2/event-config.h b/WIN32-Code/event2/event-config.h
index 8e886d75..36173356 100644
--- a/WIN32-Code/event2/event-config.h
+++ b/WIN32-Code/event2/event-config.h
@@ -274,7 +274,7 @@
 /* #undef _EVENT_HAVE_WORKING_KQUEUE */
 
 /* Numeric representation of the version */
-#define _EVENT_NUMERIC_VERSION 0x02000501
+#define _EVENT_NUMERIC_VERSION 0x02000600
 
 /* Name of package */
 #define _EVENT_PACKAGE "libevent"
@@ -324,7 +324,7 @@
 #define _EVENT_TIME_WITH_SYS_TIME 1
 
 /* Version number of package */
-#define _EVENT_VERSION "2.0.5-beta-dev"
+#define _EVENT_VERSION "2.0.6-rc"
 
 /* Define to appropriate substitue if compiler doesnt have __func__ */
 #define _EVENT___func__ __FUNCTION__
diff --git a/configure.in b/configure.in
index 348cbcd6..b126127f 100644
--- a/configure.in
+++ b/configure.in
@@ -5,9 +5,9 @@ AC_INIT(event.c)
 
 AC_CONFIG_MACRO_DIR([m4])
 
-AM_INIT_AUTOMAKE(libevent,2.0.5-beta-dev)
+AM_INIT_AUTOMAKE(libevent,2.0.6-rc)
 AM_CONFIG_HEADER(config.h)
-AC_DEFINE(NUMERIC_VERSION, 0x02000501, [Numeric representation of the version])
+AC_DEFINE(NUMERIC_VERSION, 0x02000600, [Numeric representation of the version])
 
 dnl Initialize prefix.
 if test "$prefix" = "NONE"; then