diff --git a/src/python/README.md b/src/python/README.md
index a21deb33efa8e7c47def48d6d15ad604b3abb536..67d1a173a275e4b731b968010f3893c5fff35dff 100644
--- a/src/python/README.md
+++ b/src/python/README.md
@@ -4,7 +4,7 @@ The Python facility of gRPC.
 
 Status
 -------
-Alpha : Ready for early adopters
+Beta : Core behavior well-used and proven; bugs lurk off the beaten path.
 
 PREREQUISITES
 -------------
diff --git a/src/python/grpcio/setup.py b/src/python/grpcio/setup.py
index caa71a4f7c81b5c778abf2235b7e955d802575e2..4735ce080b094a7c8d6af64da509dcd0f4201bb0 100644
--- a/src/python/grpcio/setup.py
+++ b/src/python/grpcio/setup.py
@@ -104,7 +104,7 @@ _COMMAND_CLASS = {
 
 setuptools.setup(
     name='grpcio',
-    version='0.10.0a0',
+    version='0.11.0',
     ext_modules=_EXTENSION_MODULES,
     packages=list(_PACKAGES),
     package_dir=_PACKAGE_DIRECTORIES,