diff --git a/CHANGELOG.md b/CHANGELOG.md
index 5676cbc0..1cea8f65 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,7 +1,7 @@
 FlatLaf Change Log
 ==================
 
-## 1.2-SNAPSHOT
+## 1.2
 
 #### New features and improvements
 
diff --git a/build.gradle.kts b/build.gradle.kts
index 654e5b84..d40e897e 100644
--- a/build.gradle.kts
+++ b/build.gradle.kts
@@ -14,8 +14,8 @@
  * limitations under the License.
  */
 
-val releaseVersion = "1.1.2"
-val developmentVersion = "1.2-SNAPSHOT"
+val releaseVersion = "1.2"
+val developmentVersion = "1.3-SNAPSHOT"
 
 version = if( java.lang.Boolean.getBoolean( "release" ) ) releaseVersion else developmentVersion