diff --git a/lib/rake/version.rb b/lib/rake/version.rb
index bb2d88ea6..3dee13c0e 100644
--- a/lib/rake/version.rb
+++ b/lib/rake/version.rb
@@ -1,5 +1,5 @@
 module Rake
-  VERSION = '10.1.0.beta.0'
+  VERSION = '10.1.0.beta.1'
 
   module Version # :nodoc: all
     MAJOR, MINOR, BUILD, *OTHER = Rake::VERSION.split '.'