diff --git a/lib/tasks/release.rake b/lib/tasks/release.rake
index 10af88e..2655394 100644
--- a/lib/tasks/release.rake
+++ b/lib/tasks/release.rake
@@ -137,7 +137,17 @@ EOF
         new_version += '~rc1'
       end
     else
-      new_version.sub!(/~rc[0-9]+/, '')
+      if new_version =~ /~rc\d+/
+        new_version.sub!(/~rc[0-9]+/, '')
+      else
+        components = new_version.split('.').map(&:to_i)
+        if components.size < 3
+          components << 1
+        else
+          components[-1] += 1
+        end
+        new_version = components.join('.')
+      end
     end
 
     puts "Current version: #{$version}"
--
libgit2 0.21.2