diff --git a/Makefile b/Makefile
index a71ea68b4..c6c23b313 100644
--- a/Makefile
+++ b/Makefile
@@ -18,7 +18,7 @@
 #
 
 PROG      := busybox
-VERSION   := 0.49
+VERSION   := 0.50pre
 BUILDTIME := $(shell TZ=UTC date --utc "+%Y.%m.%d-%H:%M%z")
 export VERSION
 
diff --git a/busybox.spec b/busybox.spec
index 6bccd371c..5d143f03a 100644
--- a/busybox.spec
+++ b/busybox.spec
@@ -1,5 +1,5 @@
 Name: busybox
-Version: 0.49
+Version: 0.50pre
 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 e1170c25e..434636fad 100644
--- a/debian/changelog
+++ b/debian/changelog
@@ -1,3 +1,10 @@
+busybox (0.50pre-1) unstable; urgency=low
+
+  * Not yet released.
+  * See changelog for details.
+
+ -- Erik Andersen <andersee@debian.org>  Wed, 14 Feb 2001 00:38:24 -0700
+
 busybox (0.49-1) unstable; urgency=low
 
   * Lots more source updates and bug fixes.  See changelog for details.
diff --git a/examples/busybox.spec b/examples/busybox.spec
index 6bccd371c..5d143f03a 100644
--- a/examples/busybox.spec
+++ b/examples/busybox.spec
@@ -1,5 +1,5 @@
 Name: busybox
-Version: 0.49
+Version: 0.50pre
 Release: 1
 Group: System/Utilities
 Summary: BusyBox is a tiny suite of Unix utilities in a multi-call binary.