diff --git a/version.php b/version.php
index b484b61055b..0cfa4fcd7d9 100644
--- a/version.php
+++ b/version.php
@@ -29,11 +29,11 @@
 
 defined('MOODLE_INTERNAL') || die();
 
-$version  = 2016120500.00;              // 20161205      = branching date YYYYMMDD - do not modify!
+$version  = 2016120500.00;              // YYYYMMDD      = weekly release date of this DEV branch.
                                         //         RR    = release increments - 00 in DEV branches.
                                         //           .XX = incremental changes.
 
-$release  = '3.2 (Build: 20161205)'; // Human-friendly version name
+$release  = '3.3dev (Build: 20161205)'; // Human-friendly version name
 
-$branch   = '32';                       // This version's branch.
-$maturity = MATURITY_STABLE;             // This version's maturity level.
+$branch   = '33';                       // This version's branch.
+$maturity = MATURITY_ALPHA;             // This version's maturity level.