diff --git a/changelog.txt b/changelog.txt
index 5ac30e81ba..4bf6713c72 100644
--- a/changelog.txt
+++ b/changelog.txt
@@ -1,3 +1,26 @@
+1.3.2-RC2 (2013-07-13)
+------------------------------------------------------------------------
+- Fix: [Admin] End-of-rcon data could not be determined reliably for any rcon command [FS#5643] (r25598, r25588, r25587)
+- Fix: [Content] When the server closed the connection, the client would for eternity try to read a packet and never timeout making it impossible to reconnect [FS#5635] (r25597)
+- Fix: [Script] Changing the script difficulty level in-game would also change the settings using the default even though they were not allowed to change in-game [FS#5644] (r25592)
+- Fix: [Admin] Ensure that sent and received length of json strings are the same [FS#5646] (r25590, r25589)
+- Fix: [Squirrel] Stack overflow did not show an error, due to the stack to throw the error already being full [FS#5320] (r25585)
+- Fix: [Script] Documentation implied that XXList::AddItem has a default for value if it isn't filled in [FS#5638] (r25579, r25577)
+- Fix: Layouter caused significant slowdown with text heavy windows, cache it to make it managable (r25574, r25570, r25569, r25567, r25564)
+- Fix: Make content list appear faster (r25573)
+- Fix: Non-ICU layouter started new lines with the space which triggered the linebreak (r25568)
+- Fix: If the next order cannot be resolved, reset the current order property instead of leaving it in an intermediate state [FS#5633] (r25562)
+- Fix: [Squirrel] Infinite recursion loop in freeing data via a looping set of references [FS#5568] (r25558)
+- Fix: One could build bridges over owned land of another company [FS#5524] (r25557)
+- Fix: [Script] Texts from scripts were not validated before they were shown, causing an assertion to trigger [FS#5632] (r25555)
+- Fix: Provide a warning when no vehicles are available, and tell what to do in that case [FS#5530] (r25553)
+- Fix: Possible reading of uninitialised memory due to undefined execution order (r25551)
+- Fix: [Windows] Race condition between two drawing threads could crash OpenTTD [FS#5571] (r25550)
+- Fix: ICU returns the width of the visual run as if the trailing space was added (in case a newline was added). This caused the width to be more than the requested width, but it would still be drawn correctly [FS#5626] (r25547)
+- Fix: Small memory leaks (r25546)
+- Fix: [GS] The checks and validations for setting the extra text in the town window became too stringent [FS#5625] (r25544)
+
+
 1.3.2-RC1 (2013-06-30)
 ------------------------------------------------------------------------
 - Remove: SETX(Y) does not work at all with other than default fonts, so get rid of it (r25454)
diff --git a/known-bugs.txt b/known-bugs.txt
index 99721443ec..9888808365 100644
--- a/known-bugs.txt
+++ b/known-bugs.txt
@@ -1,6 +1,6 @@
 OpenTTD's known bugs
-Last updated:    2013-06-30
-Release version: 1.3.2-RC1
+Last updated:    2013-07-14
+Release version: 1.3.2-RC2
 ------------------------------------------------------------------------
 
 
diff --git a/os/debian/changelog b/os/debian/changelog
index a44f7c6f27..4bd49ea264 100644
--- a/os/debian/changelog
+++ b/os/debian/changelog
@@ -1,3 +1,9 @@
+openttd (1.3.2~RC2-0) unstable; urgency=low
+
+  * New upstream release 1.3.2-RC2
+
+ -- OpenTTD <info@openttd.org>  Sat, 13 Jul 2013 12:00:00 +0200
+
 openttd (1.3.2~RC1-0) unstable; urgency=low
 
   * New upstream release 1.3.2-RC1
diff --git a/os/os2/installer/make_installer.cmd b/os/os2/installer/make_installer.cmd
index 7270d803d3..d832726ecd 100644
--- a/os/os2/installer/make_installer.cmd
+++ b/os/os2/installer/make_installer.cmd
@@ -1,6 +1,6 @@
 @echo off
 
-set OPENTTD_VERSION=1.3.2-RC1
+set OPENTTD_VERSION=1.3.2-RC2
 set OPENSFX_VERSION=0.8.0
 set NOSOUND_VERSION=0.8.0
 set OPENGFX_VERSION=1.2.0
diff --git a/os/windows/installer/install.nsi b/os/windows/installer/install.nsi
index a33cfa2e66..584481dd56 100644
--- a/os/windows/installer/install.nsi
+++ b/os/windows/installer/install.nsi
@@ -2,8 +2,8 @@
 !define APPV_MAJOR 1
 !define APPV_MINOR 3
 !define APPV_MAINT 2
-!define APPV_BUILD 0
-!define APPV_EXTRA "-RC1"
+!define APPV_BUILD 1
+!define APPV_EXTRA "-RC2"
 
 !define APPNAME "OpenTTD"   ; Define application name
 !define APPVERSION "${APPV_MAJOR}.${APPV_MINOR}.${APPV_MAINT}${APPV_EXTRA}"  ; Define application version
diff --git a/readme.txt b/readme.txt
index ba84f06f0c..203f6a10f1 100644
--- a/readme.txt
+++ b/readme.txt
@@ -1,5 +1,5 @@
-Last updated:    2013-06-30
-Release version: 1.3.2-RC1
+Last updated:    2013-07-14
+Release version: 1.3.2-RC2
 ------------------------------------------------------------------------