diff --git a/VERSION b/VERSION
index 508f67a2fe..96d2615631 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-18.03.1-ce-rc1
+18.03.1-ce-rc2
diff --git a/components/cli/VERSION b/components/cli/VERSION
index 508f67a2fe..96d2615631 100644
--- a/components/cli/VERSION
+++ b/components/cli/VERSION
@@ -1 +1 @@
-18.03.1-ce-rc1
+18.03.1-ce-rc2