diff --git a/CHANGES b/CHANGES
index 975fa1bb2b..e28eef7717 100644
--- a/CHANGES
+++ b/CHANGES
@@ -1,4 +1,4 @@
-2015.05, Not yet released
+2015.05-rc1, Released May 4th, 2015
 
 	Fixes all over the tree and new features.
 
diff --git a/Makefile b/Makefile
index 3983fce9bd..282c7ea028 100644
--- a/Makefile
+++ b/Makefile
@@ -28,7 +28,7 @@
 all:
 
 # Set and export the version string
-export BR2_VERSION := 2015.05-git
+export BR2_VERSION := 2015.05-rc1
 
 # Check for minimal make version (note: this check will break at make 10.x)
 MIN_MAKE_VERSION = 3.81
diff --git a/docs/website/download.html b/docs/website/download.html
index e8cde7d8e0..6a880c6cb0 100644
--- a/docs/website/download.html
+++ b/docs/website/download.html
@@ -17,22 +17,22 @@ or
 (<a href="/downloads/buildroot-2015.02.tar.bz2.sign">PGP signature</a>).
 
 <p>
-<!--
-The latest release candidate is <b>2015.02-rc3</b>, which can be
+
+The latest release candidate is <b>2015.05-rc1</b>, which can be
 downloaded here:<p>
 
-<a href="/downloads/buildroot-2015.02-rc3.tar.gz">buildroot-2015.02-rc3.tar.gz</a>
-(<a href="/downloads/buildroot-2015.02-rc3.tar.gz.sign">PGP signature</a>)
+<a href="/downloads/buildroot-2015.05-rc1.tar.gz">buildroot-2015.05-rc1.tar.gz</a>
+(<a href="/downloads/buildroot-2015.05-rc1.tar.gz.sign">PGP signature</a>)
 or
-<a href="/downloads/buildroot-2015.02-rc3.tar.bz2">buildroot-2015.02-rc3.tar.bz2</a>
-(<a href="/downloads/buildroot-2015.02-rc3.tar.bz2.sign">PGP signature</a>).
+<a href="/downloads/buildroot-2015.05-rc1.tar.bz2">buildroot-2015.05-rc1.tar.bz2</a>
+(<a href="/downloads/buildroot-2015.05-rc1.tar.bz2.sign">PGP signature</a>).
 <p>
 
 This and earlier releases (and their PGP signatures) can always be downloaded from
 <a href="/downloads/">http://buildroot.net/downloads/</a>.
 
 <p>
--->
+
 You can also obtain daily snapshots of the latest Buildroot source tree if you
 want to follow development, but cannot or do not wish to use Git.
 
diff --git a/docs/website/news.html b/docs/website/news.html
index 308152aaa4..eef668c172 100644
--- a/docs/website/news.html
+++ b/docs/website/news.html
@@ -8,6 +8,19 @@
 <p>
 
 <ul>
+  <li><b>4 May 2015 -- 2015.05-rc1 released</b>
+
+    <p>We have a new release candidate! Lots of changes all over the
+    tree, see the <a
+    href="http://git.buildroot.net/buildroot/plain/CHANGES?id=2015.05-rc1">CHANGES</a>
+    file for details.</p>
+
+    <p>Head to the <a href="/downloads/">downloads page</a> to pick up the
+    <a href="/downloads/buildroot-2015.05-rc1.tar.bz2">2015.05-rc1
+    release candidate</a>, and report any problems found to the
+    <a href="support.html">mailing list</a> or
+    <a href="https://bugs.uclibc.org">bug tracker</a>.</p>
+
   <li><b>1 March 2015 -- 2015.02 released</b>
 
     <p>The stable 2015.02 release is out - Thanks to everyone