diff --git a/CMakeLists.txt b/CMakeLists.txt
index 13bb1b3a9e151d74776778064b8c8286b8ae56ea..5a488de6d210599a42a932bec2b78a7cd041cf4e 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -15,7 +15,7 @@ include(cmake/CheckAtomic.cmake)
 include(CTest)
 
 set (opendht_VERSION_MAJOR 3)
-set (opendht_VERSION_MINOR 0.0)
+set (opendht_VERSION_MINOR 1.2)
 set (opendht_VERSION ${opendht_VERSION_MAJOR}.${opendht_VERSION_MINOR})
 set (PACKAGE_VERSION ${opendht_VERSION})
 set (VERSION "${opendht_VERSION}")
diff --git a/configure.ac b/configure.ac
index 2e54c1d6337f3126f8c390e444917953a2e2004e..49aeecda9e23703f3f746e42940c5bc54223928c 100644
--- a/configure.ac
+++ b/configure.ac
@@ -1,7 +1,7 @@
 dnl define macros
 m4_define([opendht_major_version], 3)
-m4_define([opendht_minor_version], 0)
-m4_define([opendht_patch_version], 0)
+m4_define([opendht_minor_version], 1)
+m4_define([opendht_patch_version], 2)
 m4_define([opendht_version],
 		  [opendht_major_version.opendht_minor_version.opendht_patch_version])