diff --git a/CHANGES.md b/CHANGES.md
index 6997bfb..67f86c8 100644
--- a/CHANGES.md
+++ b/CHANGES.md
@@ -1,6 +1,15 @@
 LibCYAML: Change Log
 ====================
 
+## LibCYAML v1.2.1
+
+* **General**
+  * Support for dynamic library build on Mac OS X.
+  * Ordered designated initialisers in public header for C++ compatibility.
+
+No changes are required for client applications to upgrade.
+
+
 ## LibCYAML v1.2.0
 
 * **Loading**:
diff --git a/Makefile b/Makefile
index 08a6d20..6725eff 100644
--- a/Makefile
+++ b/Makefile
@@ -7,7 +7,7 @@
 # the release branch, set VESION_DEVEL to 0, and tag the release.
 VERSION_MAJOR = 1
 VERSION_MINOR = 2
-VERSION_PATCH = 0
+VERSION_PATCH = 1
 VERSION_DEVEL = 1
 VERSION_STR = $(VERSION_MAJOR).$(VERSION_MINOR).$(VERSION_PATCH)