diff --git a/Makefile b/Makefile
index 5cb888689..1fa5a1100 100644
--- a/Makefile
+++ b/Makefile
@@ -19,7 +19,7 @@
 #
 
 PROG      := busybox
-VERSION   := 0.47
+VERSION   := 0.48pre
 BUILDTIME := $(shell TZ=UTC date --utc "+%Y.%m.%d-%H:%M%z")
 export VERSION
 
diff --git a/busybox.spec b/busybox.spec
index c11756b1e..7fb010f3e 100644
--- a/busybox.spec
+++ b/busybox.spec
@@ -1,5 +1,5 @@
 Name: busybox
-Version: 0.47
+Version: 0.48pre
 Release: 1
 Group: System/Utilities
 Summary: BusyBox is a tiny suite of Unix utilities in a multi-call binary.
diff --git a/debian/changelog b/debian/changelog
index 3b1330384..c1c9cb2bd 100644
--- a/debian/changelog
+++ b/debian/changelog
@@ -1,3 +1,9 @@
+busybox (0.48pre-1) unstable; urgency=low
+
+  * New version released.  See changelog for details.
+
+ -- Erik Andersen <andersee@debian.org>  Mon, 25 Sep 2000 23:00:56 -0600
+
 busybox (0.47-1) unstable; urgency=low
 
   * New version released.  See changelog for details.
diff --git a/examples/busybox.spec b/examples/busybox.spec
index c11756b1e..7fb010f3e 100644
--- a/examples/busybox.spec
+++ b/examples/busybox.spec
@@ -1,5 +1,5 @@
 Name: busybox
-Version: 0.47
+Version: 0.48pre
 Release: 1
 Group: System/Utilities
 Summary: BusyBox is a tiny suite of Unix utilities in a multi-call binary.