diff --git a/build.xml b/build.xml
index 4201e8155e..a28e55e120 100644
--- a/build.xml
+++ b/build.xml
@@ -163,7 +163,7 @@ under the License.
   <property name="mavendist.poi.dir" location="build/maven-dist/poi"/>
   <property name="mavendist.oap.dir" location="build/maven-dist/org.apache.poi"/>
   <property name="jar.name" value="poi"/>
-  <property name="version.id" value="3.0.3-alpha1"/>
+  <property name="version.id" value="3.0.3-beta1"/>
   <property name="halt.on.test.failure" value="true"/>
   <property name="jdk.version.source" value="1.3"
     description="JDK version of source code"/>