diff --git a/RELEASE b/RELEASE
index 68ae8f76e..5b9b6224e 100644
--- a/RELEASE
+++ b/RELEASE
@@ -2,9 +2,9 @@ fwupd Release Notes
 
 1. Write NEWS entries for fwupd in the same format as usual.
 
-git shortlog 1.1.2.. | grep -i -v trivial | grep -v Merge > NEWS.new
+git shortlog 1.2.0.. | grep -i -v trivial | grep -v Merge > NEWS.new
 
-Version 1.2.0
+Version 1.2.1
 ~~~~~~~~~~~~~
 Released: 2018-xx-xx
 
@@ -23,8 +23,8 @@ git add ../po/*.po
 
 2. Commit changes to git:
 
-# MAKE SURE THESE ARE CORRECT
-export release_ver="1.2.0"
+# MAKE SURE THIS IS CORRECT
+export release_ver="1.2.1"
 
 git commit -a -m "Release fwupd ${release_ver}"
 git tag -s -f -m "Release fwupd ${release_ver}" "${release_ver}"
diff --git a/meson.build b/meson.build
index 737841f1a..89480c997 100644
--- a/meson.build
+++ b/meson.build
@@ -1,5 +1,5 @@
 project('fwupd', 'c',
-  version : '1.2.0',
+  version : '1.2.1',
   license : 'LGPL-2.1+',
   meson_version : '>=0.46.0',
   default_options : ['warning_level=2', 'c_std=c99'],