diff --git a/django/__init__.py b/django/__init__.py
index adf48f864a..a66d4ff0a5 100644
--- a/django/__init__.py
+++ b/django/__init__.py
@@ -1,4 +1,4 @@
-VERSION = (1, 2, 0, 'alpha', 1)
+VERSION = (1, 2, 0, 'beta', 1)
 
 def get_version():
     version = '%s.%s' % (VERSION[0], VERSION[1])
diff --git a/setup.py b/setup.py
index b258e2223f..bea90c763d 100644
--- a/setup.py
+++ b/setup.py
@@ -77,12 +77,12 @@ setup(
     author = 'Django Software Foundation',
     author_email = 'foundation@djangoproject.com',
     description = 'A high-level Python Web framework that encourages rapid development and clean, pragmatic design.',
-    download_url = 'http://media.djangoproject.com/releases/1.2/Django-1.2-alpha-1.tar.gz',
+    download_url = 'http://media.djangoproject.com/releases/1.2/Django-1.2-beta-1.tar.gz',
     packages = packages,
     cmdclass = cmdclasses,
     data_files = data_files,
     scripts = ['django/bin/django-admin.py'],
-    classifiers = ['Development Status :: 3 - Alpha',
+    classifiers = ['Development Status :: 4 - Beta',
                    'Environment :: Web Environment',
                    'Framework :: Django',
                    'Intended Audience :: Developers',