diff --git a/AUTHORS b/AUTHORS
index cc1a42665..7e455f673 100644
--- a/AUTHORS
+++ b/AUTHORS
@@ -176,3 +176,4 @@ Tim Caswell <tim@creationix.com>
 Logan Rosen <loganrosen@gmail.com>
 Kenneth Perry <thothonegan@gmail.com>
 John Marino <marino@FreeBSD.org>
+Alexey Melnichuk <mimir@newmail.ru>
diff --git a/ChangeLog b/ChangeLog
index 9d22914b2..0f3fce81e 100644
--- a/ChangeLog
+++ b/ChangeLog
@@ -1,3 +1,58 @@
+2015.01.06, Version 1.2.0 (Stable)
+
+Changes since version 1.1.0:
+
+* linux: fix epoll_pwait() sigmask size calculation (Ben Noordhuis)
+
+* tty: implement binary I/O terminal mode (Yuri D'Elia)
+
+* test: fix spawn test with autotools build (Ben Noordhuis)
+
+* test: skip ipv6 tests when ipv6 is not supported (Ben Noordhuis)
+
+* common: move STATIC_ASSERT to uv-common.h (Alexey Melnichuk)
+
+* win/thread: store thread handle in a TLS slot (Alexey Melnichuk)
+
+* unix: fix ttl, multicast ttl and loop options on IPv6 (Saúl Ibarra Corretgé)
+
+* linux: fix support for preadv/pwritev-less kernels (Ben Noordhuis)
+
+* unix: make uv_exepath(size=0) return UV_EINVAL (Ben Noordhuis)
+
+* darwin: fix uv_exepath(smallbuf) UV_EPERM error (Ben Noordhuis)
+
+* openbsd: fix uv_exepath(smallbuf) UV_EINVAL error (Ben Noordhuis)
+
+* linux: fix uv_exepath(size=1) UV_EINVAL error (Ben Noordhuis)
+
+* sunos: preemptively fix uv_exepath(size=1) (Ben Noordhuis)
+
+* win: fix and clarify comments in winapi.h (Bert Belder)
+
+* win: make available NtQueryDirectoryFile (Bert Belder)
+
+* win: add definitions for directory information types (Bert Belder)
+
+* win: use NtQueryDirectoryFile to implement uv_fs_scandir (Bert Belder)
+
+* unix: don't unlink unix socket on bind error (Ben Noordhuis)
+
+* build: fix bad comment in autogen.sh (Ben Noordhuis)
+
+* build: add AC_PROG_LIBTOOL to configure.ac (Ben Noordhuis)
+
+* test: skip udp_options6 if there no IPv6 support (Saúl Ibarra Corretgé)
+
+* win: add definitions for MUI errors mingw lacks (Bert Belder)
+
+* build: enable warnings in autotools build (Ben Noordhuis)
+
+* build: remove -Wno-dollar-in-identifier-extension (Ben Noordhuis)
+
+* build: move flags from Makefile.am to configure.ac (Ben Noordhuis)
+
+
 2015.01.06, Version 0.10.32 (Stable), 378de30c59aef5fdb6d130fa5cfcb0a68fce571c
 
 Changes since version 0.10.31:
diff --git a/configure.ac b/configure.ac
index c9b2c41ce..56e97abf3 100644
--- a/configure.ac
+++ b/configure.ac
@@ -13,7 +13,7 @@
 # OR IN CONNECTION WITH THE USE OR PERFORMANCE OF THIS SOFTWARE.
 
 AC_PREREQ(2.57)
-AC_INIT([libuv], [1.1.0], [https://github.com/libuv/libuv/issues])
+AC_INIT([libuv], [1.2.0], [https://github.com/libuv/libuv/issues])
 AC_CONFIG_MACRO_DIR([m4])
 m4_include([m4/libuv-extra-automake-flags.m4])
 m4_include([m4/as_case.m4])
diff --git a/include/uv-version.h b/include/uv-version.h
index 20a0691e6..85d74723a 100644
--- a/include/uv-version.h
+++ b/include/uv-version.h
@@ -31,7 +31,7 @@
  */
 
 #define UV_VERSION_MAJOR 1
-#define UV_VERSION_MINOR 1
+#define UV_VERSION_MINOR 2
 #define UV_VERSION_PATCH 0
 #define UV_VERSION_IS_RELEASE 1
 #define UV_VERSION_SUFFIX ""