diff --git a/Makefile b/Makefile
index 61050adb13..5d824aea92 100644
--- a/Makefile
+++ b/Makefile
@@ -2,10 +2,10 @@
 # SPDX-License-Identifier:	GPL-2.0+
 #
 
-VERSION = 2015
-PATCHLEVEL = 10
+VERSION = 2016
+PATCHLEVEL = 01
 SUBLEVEL =
-EXTRAVERSION =
+EXTRAVERSION = -rc1
 NAME =
 
 # *DOCUMENTATION*