diff --git a/Makefile b/Makefile
index b512723..1ddad4b 100644
--- a/Makefile
+++ b/Makefile
@@ -14,7 +14,7 @@
 
 FINAL_OUTPUT_DIR=FINAL_RPMS
 
-OTP_RELEASE=27.2
+OTP_RELEASE=27.2.1
 
 # Where official Erlang distribution files come from...
 OTP_SRC_TGZ_FILE=OTP-$(OTP_RELEASE).tar.gz
diff --git a/erlang.spec b/erlang.spec
index ba08aad..fc26185 100644
--- a/erlang.spec
+++ b/erlang.spec
@@ -12,8 +12,8 @@
 # See the License for the specific language governing permissions and
 # limitations under the License.
 
-%global upstream_ver 27.2
-%global package_ver  27.2
+%global upstream_ver 27.2.1
+%global package_ver  27.2.1
 %global package_ver_release 1
 
 # See https://fedoraproject.org/wiki/Changes/Broken_RPATH_will_fail_rpmbuild
@@ -322,6 +322,9 @@ rm -rf $RPM_BUILD_ROOT
 
 %changelog
 
+* Thu Jan 23 2025 Michael Klishin <mikhail.klishinm@broadcom.com> - 27.2.1
+- Update to Erlang/OTP 27.2.1
+
 * Wed Dec 11 2024 Michael Klishin <mikhail.klishinm@broadcom.com> - 27.2
 - Update to Erlang/OTP 27.2