diff --git a/sources b/sources
index 3d957a7..290b901 100644
--- a/sources
+++ b/sources
@@ -1 +1 @@
-SHA512 (systemd-249-rc2.tar.gz) = 97570607fb3262cbcf9c956eb6a05d83877de411b6de90d2b359e85fa4cc0e14fe7efd6e71e135f9922374fb69ee7f328c3d2240bf736d0016b8fbb68e3f0725
+SHA512 (systemd-249-rc3.tar.gz) = 137835faaaffe843330b24b8c6ce589fad1981e08056b8c58dbd68f7586e984a515880c5e917013b184c5382eacbb180c9a4a9a83bd4861b1eb2d69115cfacac
diff --git a/systemd.spec b/systemd.spec
index ca773ce..8e57080 100644
--- a/systemd.spec
+++ b/systemd.spec
@@ -30,7 +30,7 @@
 Name:           systemd
 Url:            https://www.freedesktop.org/wiki/Software/systemd
 %if %{without inplace}
-Version:        249~rc2
+Version:        249~rc3
 Release:        1%{?dist}
 %else
 # determine the build information from local checkout
@@ -995,6 +995,10 @@ fi
 %files standalone-sysusers -f .file-list-standalone-sysusers
 
 %changelog
+* Thu Jul  1 2021 Zbigniew Jędrzejewski-Szmek <zbyszek@in.waw.pl> - 249~rc3-1
+- Latest upstream prerelease with various bugfixes, see
+  https://github.com/systemd/systemd/blob/v248-rc3/NEWS.
+
 * Fri Jun 25 2021 Zbigniew Jędrzejewski-Szmek <zbyszek@in.waw.pl> - 249~rc2-1
 - Latest upstream prerelease with various bugfixes, see
   https://github.com/systemd/systemd/blob/v248-rc2/NEWS.