diff --git a/default.properties b/default.properties
index 3e5d851fa..287636f36 100644
--- a/default.properties
+++ b/default.properties
@@ -33,7 +33,7 @@ component.package = org.apache.commons.lang
 component.title = Core Language Utilities
 
 # The current version number of this component
-component.version = 2.2-rc1
+component.version = 2.3-SNAPSHOT
 
 # The current year used for the end date in copyrights.
 copyright.end = 2005
diff --git a/project.xml b/project.xml
index abd99468a..e85992a14 100644
--- a/project.xml
+++ b/project.xml
@@ -20,7 +20,7 @@ limitations under the License.
     <groupId>commons-lang</groupId>
     <artifactId>commons-lang</artifactId>
     <name>Lang</name>
-    <currentVersion>2.2-rc1</currentVersion>
+    <currentVersion>2.3-SNAPSHOT</currentVersion>
     <inceptionYear>2001</inceptionYear>
     <shortDescription>Java Common Components</shortDescription>
     <description>