diff --git a/wp-admin/includes/upgrade.php b/wp-admin/includes/upgrade.php
index ae76e54055..71c90e16de 100644
--- a/wp-admin/includes/upgrade.php
+++ b/wp-admin/includes/upgrade.php
@@ -252,6 +252,52 @@ As a new WordPress user, you should go to <a href=\"%s\">your dashboard</a> to d
 	));
 	$wpdb->insert( $wpdb->postmeta, array( 'post_id' => 2, 'meta_key' => '_wp_page_template', 'meta_value' => 'default' ) );
 
+	// Privacy Policy page
+	if ( is_multisite() ) {
+		// Disable by default unless the suggested content is provided.
+		$privacy_policy_content = get_site_option( 'default_privacy_policy_content' );
+	} else {
+		if ( ! class_exists( 'WP_Privacy_Policy_Content' ) ) {
+			include_once( ABSPATH . 'wp-admin/includes/misc.php' );
+		}
+
+		$privacy_policy_content = WP_Privacy_Policy_Content::get_default_content();
+	}
+
+	if ( ! empty( $privacy_policy_content ) ) {
+		$privacy_policy_guid = get_option( 'home' ) . '/?page_id=3';
+
+		$wpdb->insert(
+			$wpdb->posts, array(
+				'post_author'           => $user_id,
+				'post_date'             => $now,
+				'post_date_gmt'         => $now_gmt,
+				'post_content'          => $privacy_policy_content,
+				'post_excerpt'          => '',
+				'comment_status'        => 'closed',
+				'post_title'            => __( 'Privacy Policy' ),
+				/* translators: Privacy Policy page slug */
+				'post_name'             => __( 'privacy-policy' ),
+				'post_modified'         => $now,
+				'post_modified_gmt'     => $now_gmt,
+				'guid'                  => $privacy_policy_guid,
+				'post_type'             => 'page',
+				'post_status'           => 'draft',
+				'to_ping'               => '',
+				'pinged'                => '',
+				'post_content_filtered' => '',
+			)
+		);
+		$wpdb->insert(
+			$wpdb->postmeta, array(
+				'post_id'    => 3,
+				'meta_key'   => '_wp_page_template',
+				'meta_value' => 'default',
+			)
+		);
+		update_option( 'wp_page_for_privacy_policy', 3 );
+	}
+
 	// Set up default widgets for default theme.
 	update_option( 'widget_search', array ( 2 => array ( 'title' => '' ), '_multiwidget' => 1 ) );
 	update_option( 'widget_recent-posts', array ( 2 => array ( 'title' => '', 'number' => 5 ), '_multiwidget' => 1 ) );
diff --git a/wp-includes/version.php b/wp-includes/version.php
index 734090b44c..643d097480 100644
--- a/wp-includes/version.php
+++ b/wp-includes/version.php
@@ -4,7 +4,7 @@
  *
  * @global string $wp_version
  */
-$wp_version = '4.9.6-RC1-43271';
+$wp_version = '4.9.6-RC1-43272';
 
 /**
  * Holds the WordPress DB revision, increments when changes are made to the WordPress DB schema.