diff --git a/CHANGELOG.md b/CHANGELOG.md
index 4464489e..2e2f635f 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,13 @@
+1.2.1
+-------------------
+Python versions support:
+* Python 3.7 support dropped
+
+Changes:
+* Updated `TolokaClient.create_app_items` and `AsyncTolokaClient.create_app_items` to return the list of created app 
+items ids.
+* Added `tier` parameter to `TolokaClient.create_pool` and `AsyncTolokaClient.create_pool` methods.
+
 1.2.0.post1
 -------------------
 Bugfixes:
diff --git a/src/__version__.py b/src/__version__.py
index a596823b..c9431fd6 100644
--- a/src/__version__.py
+++ b/src/__version__.py
@@ -1,3 +1,3 @@
 __title__ = 'toloka-kit'
-__version__ = '1.2.0.post1'
+__version__ = '1.2.1'
 __license__ = 'Apache 2.0'