diff --git a/CHANGES b/CHANGES
index edce6de939..e5b416cd4f 100644
--- a/CHANGES
+++ b/CHANGES
@@ -1,3 +1,19 @@
+2014.05-rc3, Released May 28th, 2014
+
+	Minor fixes.
+
+	Updated/fixed packages: acl, attr, connman, dosfstools,
+	dropbear, dvb-apps, exim, flite, gdb, httping, hwdata,
+	lesstif, libnss, libv4l, lttng-babeltrace, midori, monit,
+	mplayer, php, python2, rdesktop, rpi-userland, ruby, samba,
+	samba4, slang, xbmc
+
+	Issues resolved (http://bugs.uclibc.org):
+
+	#7100: license info for package 'acl' missing
+	#7106: license info for package 'attr' missing
+	#7112: license info for package 'hwdata'
+
 2014.05-rc2, Released May 21st, 2014
 
 	Fixes all over the tree.
diff --git a/Makefile b/Makefile
index b7a0721c74..8ccfbd8973 100644
--- a/Makefile
+++ b/Makefile
@@ -25,7 +25,7 @@
 #--------------------------------------------------------------
 
 # Set and export the version string
-export BR2_VERSION := 2014.05-rc2
+export BR2_VERSION := 2014.05-rc3
 
 # Check for minimal make version (note: this check will break at make 10.x)
 MIN_MAKE_VERSION = 3.81
diff --git a/docs/download.html b/docs/download.html
index 74939807ca..e77338ce3c 100644
--- a/docs/download.html
+++ b/docs/download.html
@@ -15,14 +15,14 @@ or
 
 <p>
 
-The latest release candidate is <b>2014.05-rc2</b>, which can be
+The latest release candidate is <b>2014.05-rc3</b>, which can be
 downloaded here:<p>
 
-<a href="/downloads/buildroot-2014.05-rc2.tar.gz">buildroot-2014.05-rc2.tar.gz</a>
-(<a href="/downloads/buildroot-2014.05-rc2.tar.gz.sign">PGP signature</a>)
+<a href="/downloads/buildroot-2014.05-rc3.tar.gz">buildroot-2014.05-rc3.tar.gz</a>
+(<a href="/downloads/buildroot-2014.05-rc3.tar.gz.sign">PGP signature</a>)
 or
-<a href="/downloads/buildroot-2014.05-rc2.tar.bz2">buildroot-2014.05-rc2.tar.bz2</a>
-(<a href="/downloads/buildroot-2014.05-rc2.tar.bz2.sign">PGP signature</a>).
+<a href="/downloads/buildroot-2014.05-rc3.tar.bz2">buildroot-2014.05-rc3.tar.bz2</a>
+(<a href="/downloads/buildroot-2014.05-rc3.tar.bz2.sign">PGP signature</a>).
 <p>
 
 This and earlier releases (and their PGP signatures) can always be downloaded from
diff --git a/docs/news.html b/docs/news.html
index 1b04eb880f..21efa38f93 100644
--- a/docs/news.html
+++ b/docs/news.html
@@ -6,6 +6,18 @@
 
 <ul>
 
+  <li><b>28 May 2014 -- 2014.05-rc3 released</b>
+
+    <p>Release candidate 3 is out with more cleanups and build fixes. See the <a
+    href="http://git.buildroot.net/buildroot/plain/CHANGES?id=2014.05-rc3">CHANGES</a>
+    file for details.</p>
+
+    <p>Head to the <a href="/downloads/">downloads page</a> to pick up the
+    <a href="/downloads/buildroot-2014.05-rc3.tar.bz2">2014.05-rc3
+    release candidate</a>, and report any problems found to the <a
+    href="lists.html">mailing list</a> or <a
+    href="https://bugs.uclibc.org">bug tracker</a>.</p>
+
   <li><b>21 May 2014 -- 2014.05-rc2 released</b>
 
     <p>Another week, another release candidate with more cleanups and