diff --git a/kernel.spec b/kernel.spec
index a2e41d390..0c45c8bce 100644
--- a/kernel.spec
+++ b/kernel.spec
@@ -95,7 +95,7 @@ Summary: The Linux kernel
 # The rc snapshot level
 %define rcrev 1
 # The git snapshot level
-%define gitrev 2
+%define gitrev 3
 # Set rpm version accordingly
 %define rpmversion 3.%{upstream_sublevel}.0
 %endif
@@ -2293,6 +2293,9 @@ fi
 #                 ||----w |
 #                 ||     ||
 %changelog
+* Fri Apr 06 2012 Justin M. Forbes <jforbes@redhat.com> - 3.4.0-0.rc1.git3.1
+- Linux v3.4-rc1-349-g314489b
+
 * Thu Apr 05 2012 Justin M. Forbes <jforbes@redhat.com> - 3.4.0-0.rc1.git2.1
 - Linux v3.4-rc1-246-g6c216ec
 - Turn off CONFIG_RCU_FAST_NO_HZ until it is fixed upstream
diff --git a/sources b/sources
index ffbb5183f..89377932e 100644
--- a/sources
+++ b/sources
@@ -2,3 +2,4 @@
 ffba5507a7cc555cdbdac58842481d36  patch-3.4-rc1.xz
 8876a2b09caafef334279f352e62f426  patch-3.4-rc1-git1.xz
 1edc881abb1053425b1ba2780816a4c1  patch-3.4-rc1-git2.xz
+3d6aa641e9503d6fb9f56bf984e62b14  patch-3.4-rc1-git3.xz