diff --git a/CHANGELOG.md b/CHANGELOG.md
index 75a87101393..41b30a356f2 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,6 +1,6 @@
 # Changelog
 
-## Unreleased
+## v0.28.0-rc1 - 2023-03-26
 
 - The language server now analyzes files on edit rather than on save, providing
   feedback faster.
diff --git a/Cargo.lock b/Cargo.lock
index f1a023d928c..01d7662ecf6 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -685,7 +685,7 @@ dependencies = [
 
 [[package]]
 name = "gleam"
-version = "0.27.0"
+version = "0.28.0-rc1"
 dependencies = [
  "async-trait",
  "atty",
@@ -731,7 +731,7 @@ dependencies = [
 
 [[package]]
 name = "gleam-core"
-version = "0.27.0"
+version = "0.28.0-rc1"
 dependencies = [
  "askama",
  "async-trait",
@@ -779,7 +779,7 @@ dependencies = [
 
 [[package]]
 name = "gleam-wasm"
-version = "0.27.0"
+version = "0.28.0-rc1"
 dependencies = [
  "console_error_panic_hook",
  "gleam-core",
@@ -2025,7 +2025,7 @@ dependencies = [
 
 [[package]]
 name = "test-package-compiler"
-version = "0.27.0"
+version = "0.28.0-rc1"
 dependencies = [
  "gleam-core",
  "im",
diff --git a/compiler-cli/Cargo.toml b/compiler-cli/Cargo.toml
index 1bf1fafcb09..95937436ba3 100644
--- a/compiler-cli/Cargo.toml
+++ b/compiler-cli/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "gleam"
-version = "0.27.0"
+version = "0.28.0-rc1"
 authors = ["Louis Pilfold <louis@lpil.uk>"]
 edition = "2021"
 license-file = "LICENCE"
diff --git a/compiler-core/Cargo.toml b/compiler-core/Cargo.toml
index f8663b63dac..9f66d5f16d4 100644
--- a/compiler-core/Cargo.toml
+++ b/compiler-core/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "gleam-core"
-version = "0.27.0"
+version = "0.28.0-rc1"
 authors = ["Louis Pilfold <louis@lpil.uk>"]
 edition = "2021"
 license-file = "LICENCE"
diff --git a/compiler-wasm/Cargo.toml b/compiler-wasm/Cargo.toml
index d6da42a1369..8aafad16d12 100644
--- a/compiler-wasm/Cargo.toml
+++ b/compiler-wasm/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "gleam-wasm"
-version = "0.27.0"
+version = "0.28.0-rc1"
 authors = ["Louis Pilfold <louis@lpil.uk>"]
 edition = "2021"
 license-file = "LICENCE"
diff --git a/test-package-compiler/Cargo.toml b/test-package-compiler/Cargo.toml
index 39ed58983ed..9000033cf4a 100644
--- a/test-package-compiler/Cargo.toml
+++ b/test-package-compiler/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "test-package-compiler"
-version = "0.27.0"
+version = "0.28.0-rc1"
 authors = ["Louis Pilfold <louis@lpil.uk>"]
 edition = "2021"
 license-file = "LICENCE"