diff --git a/README.md b/README.md
index e5310fc11162..edbd97066901 100644
--- a/README.md
+++ b/README.md
@@ -4,8 +4,8 @@ This repository is the home of the next generation of JUnit, _JUnit 5_.
 
 The project is currently in _Phase 5_, working toward additional [_milestone_](https://github.com/junit-team/junit5/milestones) releases.
 
-[JUnit 5.0.0-M2](https://github.com/junit-team/junit5/releases/tag/r5.0.0-M2)
-was released on July 23, 2016.
+[JUnit 5.0.0-M3](https://github.com/junit-team/junit5/releases/tag/r5.0.0-M3)
+was released on November 30, 2016.
 
 ## Roadmap
 
@@ -91,7 +91,7 @@ See also <http://repo1.maven.org/maven2/org/junit/> for releases and <https://os
 ### JUnit Platform
 
 - **Group ID**: `org.junit.platform`
-- **Version**: `1.0.0-M2` or `1.0.0-SNAPSHOT`
+- **Version**: `1.0.0-M3` or `1.0.0-SNAPSHOT`
 - **Artifact IDs**:
   - `junit-platform-commons`
   - `junit-platform-console`
@@ -104,7 +104,7 @@ See also <http://repo1.maven.org/maven2/org/junit/> for releases and <https://os
 ### JUnit Jupiter
 
 - **Group ID**: `org.junit.jupiter`
-- **Version**: `5.0.0-M2` or `5.0.0-SNAPSHOT`
+- **Version**: `5.0.0-M3` or `5.0.0-SNAPSHOT`
 - **Artifact IDs**:
   - `junit-jupiter-api`
   - `junit-jupiter-engine`
@@ -112,7 +112,7 @@ See also <http://repo1.maven.org/maven2/org/junit/> for releases and <https://os
 ### JUnit Vintage
 
 - **Group ID**: `org.junit.vintage`
-- **Version**: `4.12.0-M2` or `4.12.0-SNAPSHOT`
+- **Version**: `4.12.0-M3` or `4.12.0-SNAPSHOT`
 - **Artifact ID**: `junit-vintage-engine`
 
 
diff --git a/gradle.properties b/gradle.properties
index ceff2c0fed73..d3eaabf8b606 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -1,11 +1,11 @@
 group               = org.junit.jupiter
-version             = 5.0.0-SNAPSHOT
+version             = 5.0.0-M3
 
 platformGroup       = org.junit.platform
-platformVersion     = 1.0.0-SNAPSHOT
+platformVersion     = 1.0.0-M3
 
 vintageGroup        = org.junit.vintage
-vintageVersion      = 4.12.0-SNAPSHOT
+vintageVersion      = 4.12.0-M3
 
 sourceCompatibility = 1.8
 targetCompatibility = 1.8