diff --git a/configure.ac b/configure.ac
index 4221a58a216..3bc6b13efc8 100644
--- a/configure.ac
+++ b/configure.ac
@@ -1,9 +1,9 @@
 AC_PREREQ([2.69])
 define(_CLIENT_VERSION_MAJOR, 28)
-define(_CLIENT_VERSION_MINOR, 99)
+define(_CLIENT_VERSION_MINOR, 0)
 define(_CLIENT_VERSION_BUILD, 0)
-define(_CLIENT_VERSION_RC, 0)
-define(_CLIENT_VERSION_IS_RELEASE, false)
+define(_CLIENT_VERSION_RC, 1)
+define(_CLIENT_VERSION_IS_RELEASE, true)
 define(_COPYRIGHT_YEAR, 2024)
 define(_COPYRIGHT_HOLDERS,[The %s developers])
 define(_COPYRIGHT_HOLDERS_SUBSTITUTION,[[Bitcoin Core]])