diff --git a/gradle.properties b/gradle.properties
index 58ee1a5ff..87868fe4f 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -33,7 +33,7 @@ systemProp.org.gradle.internal.http.socketTimeout=120000
 
 GROUP=com.google.accompanist
 # !! No longer need to update this manually when using a Compose SNAPSHOT
-VERSION_NAME=0.24.12-SNAPSHOT
+VERSION_NAME=0.24.12-rc
 
 POM_DESCRIPTION=Utilities for Jetpack Compose
 
diff --git a/gradle/libs.versions.toml b/gradle/libs.versions.toml
index 6acd59e58..12babc1e1 100644
--- a/gradle/libs.versions.toml
+++ b/gradle/libs.versions.toml
@@ -1,5 +1,5 @@
 [versions]
-compose = "1.2.0-rc01"
+compose = "1.2.0-rc02"
 composesnapshot = "-" # a single character = no snapshot
 
 # gradlePlugin and lint need to be updated together