diff --git a/CHANGELOG.md b/CHANGELOG.md
index a37f1664c..27f6f3c52 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -48,9 +48,16 @@ naming scheme accordingly before upgrading.
   the actual exit code even when the watched container isn't the cause of the
   exit.
 
+- Fixed an issue that would prevent recreating a service in some cases where
+  a volume would be mapped to the same mountpoint as a volume declared inside
+  the image's Dockerfile.
+
 - Fixed a bug that caused hash configuration with multiple networks to be
   inconsistent, causing some services to be unnecessarily restarted.
 
+- Fixed a bug that would cause failures with variable substitution for services
+  with a name containing one or more dot characters
+
 - Fixed a pipe handling issue when using the containerized version of Compose.
 
 - Fixed a bug causing `external: false` entries in the Compose file to be
diff --git a/compose/__init__.py b/compose/__init__.py
index 1f35b9a35..532f76888 100644
--- a/compose/__init__.py
+++ b/compose/__init__.py
@@ -1,4 +1,4 @@
 from __future__ import absolute_import
 from __future__ import unicode_literals
 
-__version__ = '1.23.0-rc2'
+__version__ = '1.23.0-rc3'
diff --git a/script/run/run.sh b/script/run/run.sh
index f02135f42..ba945d3ed 100755
--- a/script/run/run.sh
+++ b/script/run/run.sh
@@ -15,7 +15,7 @@
 
 set -e
 
-VERSION="1.23.0-rc2"
+VERSION="1.23.0-rc3"
 IMAGE="docker/compose:$VERSION"