diff --git a/VERSION b/VERSION
index cd02b2fbce..5a01998b24 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-17.09.0-dev
+17.12.0-ce-rc1
diff --git a/components/cli/VERSION b/components/cli/VERSION
index 16ce4f73ee..5a01998b24 100644
--- a/components/cli/VERSION
+++ b/components/cli/VERSION
@@ -1 +1 @@
-17.12.0-dev
+17.12.0-ce-rc1