diff --git a/VERSION b/VERSION
index ac454c6a1..34a83616b 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-0.12.0
+0.12.1
diff --git a/cmd/restic/global.go b/cmd/restic/global.go
index d411d9e65..90dda61dc 100644
--- a/cmd/restic/global.go
+++ b/cmd/restic/global.go
@@ -40,7 +40,7 @@ import (
 	"golang.org/x/crypto/ssh/terminal"
 )
 
-var version = "0.12.0-dev (compiled manually)"
+var version = "0.12.1"
 
 // TimeFormat is the format used for all timestamps printed by restic.
 const TimeFormat = "2006-01-02 15:04:05"