diff --git a/changelogs/CHANGELOG-v2.11.rst b/changelogs/CHANGELOG-v2.11.rst
index e56cb8c63e4..6953a2a246c 100644
--- a/changelogs/CHANGELOG-v2.11.rst
+++ b/changelogs/CHANGELOG-v2.11.rst
@@ -5,6 +5,21 @@ ansible-core 2.11 "Hey Hey, What Can I Do" Release Notes
 .. contents:: Topics
 
 
+v2.11.0rc2
+==========
+
+Release Summary
+---------------
+
+| Release Date: 2021-04-06
+| `Porting Guide <https://docs.ansible.com/ansible/devel/porting_guides.html>`__
+
+
+Bugfixes
+--------
+
+- WorkerProcess - Python 3.5 fix for workaround for stdout deadlock in multiprocessing shutdown to avoid process hangs. (https://github.com/ansible/ansible/issues/74149)
+
 v2.11.0rc1
 ==========
 
diff --git a/changelogs/changelog.yaml b/changelogs/changelog.yaml
index 08ce98e2f04..213725c52de 100644
--- a/changelogs/changelog.yaml
+++ b/changelogs/changelog.yaml
@@ -1621,3 +1621,18 @@ releases:
     - v2.11.0rc1_summary.yaml
     - workerprocess-stdout-deadlock.yml
     release_date: '2021-04-05'
+  2.11.0rc2:
+    changes:
+      bugfixes:
+      - WorkerProcess - Python 3.5 fix for workaround for stdout deadlock in multiprocessing
+        shutdown to avoid process hangs. (https://github.com/ansible/ansible/issues/74149)
+      release_summary: '| Release Date: 2021-04-06
+
+        | `Porting Guide <https://docs.ansible.com/ansible/devel/porting_guides.html>`__
+
+        '
+    codename: Hey Hey, What Can I Do
+    fragments:
+    - fix-for-workerprocess-stdout-deadlock-fix.yml
+    - v2.11.0rc2_summary.yaml
+    release_date: '2021-04-06'
diff --git a/changelogs/fragments/v2.11.0rc2_summary.yaml b/changelogs/fragments/v2.11.0rc2_summary.yaml
new file mode 100644
index 00000000000..413a6335d4e
--- /dev/null
+++ b/changelogs/fragments/v2.11.0rc2_summary.yaml
@@ -0,0 +1,3 @@
+release_summary: |
+   | Release Date: 2021-04-06
+   | `Porting Guide <https://docs.ansible.com/ansible/devel/porting_guides.html>`__
diff --git a/lib/ansible/release.py b/lib/ansible/release.py
index 2389c10d534..eee5f19f468 100644
--- a/lib/ansible/release.py
+++ b/lib/ansible/release.py
@@ -19,6 +19,6 @@
 from __future__ import (absolute_import, division, print_function)
 __metaclass__ = type
 
-__version__ = '2.11.0rc1.post0'
+__version__ = '2.11.0rc2'
 __author__ = 'Ansible, Inc.'
 __codename__ = 'Hey Hey, What Can I Do'