diff --git a/kapitan/version.py b/kapitan/version.py
index d2179f269..dddd3330e 100644
--- a/kapitan/version.py
+++ b/kapitan/version.py
@@ -8,7 +8,7 @@
 "Project description variables"
 
 PROJECT_NAME = "kapitan"
-VERSION = '0.27.4'
+VERSION = '0.28.0-rc.0'
 DESCRIPTION = "Generic templated configuration management for Kubernetes, " "Terraform and other things"
 AUTHOR = "Ricardo Amaro"
 AUTHOR_EMAIL = "ramaro@google.com"