diff --git a/kernel.spec b/kernel.spec
index a536d8b59..1e26f7c82 100644
--- a/kernel.spec
+++ b/kernel.spec
@@ -62,7 +62,7 @@ Summary: The Linux kernel
 # For non-released -rc kernels, this will be appended after the rcX and
 # gitX tags, so a 3 here would become part of release "0.rcX.gitX.3"
 #
-%global baserelease 4
+%global baserelease 1
 %global fedora_build %{baserelease}
 
 # base_sublevel is the kernel version we're starting with and patching
@@ -95,7 +95,7 @@ Summary: The Linux kernel
 # The rc snapshot level
 %define rcrev 2
 # The git snapshot level
-%define gitrev 0
+%define gitrev 1
 # Set rpm version accordingly
 %define rpmversion 3.%{upstream_sublevel}.0
 %endif
@@ -2307,6 +2307,9 @@ fi
 #                 ||----w |
 #                 ||     ||
 %changelog
+* Wed Apr 11 2012 Justin M. Forbes <jforbes@redhat.com> - 3.4.0-0.rc2.git1.1
+- Linux v3.4-rc2-23-g923e9a1
+
 * Tue Apr 10 2012 Josh Boyer <jwboyer@redhat.com>
 - Disable the PMAC ide driver.  PATA_MACIO seems to work (rhbz 810579)
 - Backport fixes for correct register constraints in cmpxchg.h (rhbz 809014)
diff --git a/sources b/sources
index e8cfd9636..7df2d4566 100644
--- a/sources
+++ b/sources
@@ -1,2 +1,3 @@
 7133f5a2086a7d7ef97abac610c094f5  linux-3.3.tar.xz
 cc3f9ca69749eb6a92d003598c45a04b  patch-3.4-rc2.xz
+50f5336851ff8ad784e6caf45564c32a  patch-3.4-rc2-git1.xz