diff --git a/AUTHORS b/AUTHORS
index 7e455f673..aa860db57 100644
--- a/AUTHORS
+++ b/AUTHORS
@@ -177,3 +177,4 @@ Logan Rosen <loganrosen@gmail.com>
 Kenneth Perry <thothonegan@gmail.com>
 John Marino <marino@FreeBSD.org>
 Alexey Melnichuk <mimir@newmail.ru>
+Johan Bergström <bugs@bergstroem.nu>
diff --git a/ChangeLog b/ChangeLog
index 6bbbe9adc..65d46e61c 100644
--- a/ChangeLog
+++ b/ChangeLog
@@ -1,3 +1,31 @@
+2015.01.15, Version 1.2.1 (Stable)
+
+Changes since version 1.2.0:
+
+* unix: remove unused dtrace file (Saúl Ibarra Corretgé)
+
+* test: skip TTY select test if /dev/tty can't be opened (Saúl Ibarra Corretgé)
+
+* doc: clarify the behavior of uv_tty_init (Saúl Ibarra Corretgé)
+
+* doc: clarify how uv_async_send behaves (Saúl Ibarra Corretgé)
+
+* build: make dist now generates a full tarball (Johan Bergström)
+
+* freebsd: make uv_exepath more resilient (Saúl Ibarra Corretgé)
+
+* unix: make setting the tty mode to the same value a no-op (Saúl Ibarra
+  Corretgé)
+
+* win,tcp: support uv_try_write (Bert Belder)
+
+* test: enable test-tcp-try-write on windows (Bert Belder)
+
+* win,tty: support uv_try_write (Bert Belder)
+
+* unix: set non-block mode in uv_{pipe,tcp,udp}_open (Ben Noordhuis)
+
+
 2015.01.06, Version 1.2.0 (Stable), 09f25b13cd149c7981108fc1a75611daf1277f83
 
 Changes since version 1.1.0:
diff --git a/configure.ac b/configure.ac
index 56e97abf3..d765894e1 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], [1.2.0], [https://github.com/libuv/libuv/issues])
+AC_INIT([libuv], [1.2.1], [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 85d74723a..398f0948c 100644
--- a/include/uv-version.h
+++ b/include/uv-version.h
@@ -32,7 +32,7 @@
 
 #define UV_VERSION_MAJOR 1
 #define UV_VERSION_MINOR 2
-#define UV_VERSION_PATCH 0
+#define UV_VERSION_PATCH 1
 #define UV_VERSION_IS_RELEASE 1
 #define UV_VERSION_SUFFIX ""