diff --git a/NEWS b/NEWS
index 658a326b..98834daa 100644
--- a/NEWS
+++ b/NEWS
@@ -1,4 +1,4 @@
-rsync 2.4.7 (???)
+rsync 2.4.8 (???)
 
   SECURITY FIXES:
 
diff --git a/version.h b/version.h
index ba452e92..8a6725e4 100644
--- a/version.h
+++ b/version.h
@@ -1 +1 @@
-#define VERSION "2.4.7pre1"
+#define VERSION "2.4.8pre1"