diff --git a/NEWS b/NEWS
index bd80c439..75fa22a6 100644
--- a/NEWS
+++ b/NEWS
@@ -1,3 +1,6 @@
+libwacom 2.12.1
+- No new devices or APIS, bugfix release only
+
 libwacom 2.12.0
 - New API:
   - libwacom_get_num_dials, libwacom_get_dial_num_modes, libwacom_get_dial2_num_modes
diff --git a/meson.build b/meson.build
index c1787b5c..8e35851f 100644
--- a/meson.build
+++ b/meson.build
@@ -1,5 +1,5 @@
 project('libwacom', 'c',
-	version: '2.12.0',
+	version: '2.12.1',
 	license: 'HPND',
 	default_options: [ 'c_std=gnu99', 'warning_level=2' ],
 	meson_version: '>= 0.56.0')