diff --git a/CHANGELOG.md b/CHANGELOG.md
index f66f456fa..3e325e25e 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -5,9 +5,10 @@ All notable changes to this project will be documented in this file.
 The format is based on [Keep a Changelog](http://keepachangelog.com/en/1.0.0/)
 and this project adheres to [Semantic Versioning](http://semver.org/spec/v2.0.0.html).
 
-
 ## [Unreleased]
 
+## [1.12.0] - 2023-02-20
+
 ### Added
 - Fused inplace-dropout in FFN layer in Transformer
 - `--force-decode` option for marian-decoder
diff --git a/VERSION b/VERSION
index 2eac760f5..a5effa303 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-v1.11.15
+v1.12.0