diff --git a/package.json b/package.json
index 8b917af2a..82f8473ce 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "matrix-js-sdk",
-  "version": "0.7.4",
+  "version": "0.7.5-rc.1",
   "description": "Matrix Client-Server SDK for Javascript",
   "main": "index.js",
   "scripts": {