diff --git a/CHANGES b/CHANGES
index 9a8ed6b060c902fc3c3baf8c2935e60306965980..7490ce3095dab167a933a30d911d98f7f0e8f04f 100644
--- a/CHANGES
+++ b/CHANGES
@@ -7,6 +7,35 @@
                                   Changelog
 
 
+Version 7.10.3-pre2 (4 Dec 2002)
+
+Daniel (4 Dec 2002)
+- Lots of work with Malcolm Dodds made me add a temporary code fix that now
+  shortens the timeout waiting for the 226 or 250 line after a completed
+  FTP transfer.
+
+  If no data is received within 60 seconds, this is taken as a sign of a dead
+  control connection and we bail out.
+
+Daniel (3 Dec 2002)
+- Ralph's bug report #644841 identified a problem in which curl returned a
+  timeout error code when in fact the problem was not a timeout. The proper
+  error should now be propagated better when they're detected in the FTP
+  response reading function.
+
+- Updated the Borland Makefiles.
+
+Daniel (2 Dec 2002)
+- Nicolas Berloquin provided a patch that introduced --create-dirs to the
+  command line tool. When used in combination with -o, it lets curl create
+  [non-existing] directories used in -o, suitably used with #-combinations
+  such as:
+
+     curl "www.images.com/{flowers,cities,parks,mountains}/pic_[1-100].jpg \
+       -o "dir_#1/pic#2.jpg" --create-dirs
+
+Version 7.10.3-pre1
+
 Daniel (28 Nov 2002)
 - I visited Lars Nordgren and had a go with his problem, which lead me to
   implement this fix. If libcurl detects the added custom header
diff --git a/include/curl/curl.h b/include/curl/curl.h
index bf7b4852d287e5d1a8310804dd231de9ff4112b1..ddf941a76df29515d428aa275c4eca2b2eba64a1 100644
--- a/include/curl/curl.h
+++ b/include/curl/curl.h
@@ -805,8 +805,8 @@ CURLcode curl_global_init(long flags);
 void curl_global_cleanup(void);
 
 /* This is the version number */
-#define LIBCURL_VERSION "7.10.2"
-#define LIBCURL_VERSION_NUM 0x070a02
+#define LIBCURL_VERSION "7.10.3-pre2"
+#define LIBCURL_VERSION_NUM 0x070a03
 
 /* linked-list structure for the CURLOPT_QUOTE option (and other) */
 struct curl_slist {
diff --git a/src/version.h b/src/version.h
index b4f4303e34062e22c0fd59d4ebae94938ac56b12..ff45d1af965d4de20958584cbd51a3ec41366465 100644
--- a/src/version.h
+++ b/src/version.h
@@ -1,3 +1,3 @@
 #define CURL_NAME "curl"
-#define CURL_VERSION "7.10.2"
+#define CURL_VERSION "7.10.3-pre2"
 #define CURL_ID CURL_NAME " " CURL_VERSION " (" OS ") "