diff --git a/VERSION b/VERSION
index 5c74b95812..a8537cc4a7 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-18.03.0-ce-dev
+18.03.0-ce-rc1
diff --git a/components/cli/VERSION b/components/cli/VERSION
index f3aa77b51e..a8537cc4a7 100644
--- a/components/cli/VERSION
+++ b/components/cli/VERSION
@@ -1 +1 @@
-18.03.0-dev
+18.03.0-ce-rc1