diff --git a/README.md b/README.md
index 7337f9a3c..3a73f8ac9 100644
--- a/README.md
+++ b/README.md
@@ -5,7 +5,7 @@ Ethereum
 
 Ethereum Go Client © 2014 Jeffrey Wilcke.
 
-Current state: Proof of Concept 5.0 RC6.
+Current state: Proof of Concept 5.0 RC7.
 
 For the development package please see the [eth-go package](https://github.com/ethereum/eth-go).
 
diff --git a/ethereal/ui/gui.go b/ethereal/ui/gui.go
index e465d5273..e267dabfd 100644
--- a/ethereal/ui/gui.go
+++ b/ethereal/ui/gui.go
@@ -55,7 +55,7 @@ func New(ethereum *eth.Ethereum) *Gui {
 }
 
 func (gui *Gui) Start(assetPath string) {
-	const version = "0.5.0 RC6"
+	const version = "0.5.0 RC7"
 
 	defer gui.txDb.Close()