diff --git a/configure.ac b/configure.ac
index 4465e01f88..bb9234957f 100644
--- a/configure.ac
+++ b/configure.ac
@@ -16,7 +16,7 @@ dnl You should have received a copy of the GNU Lesser General Public
 dnl License along with this library.  If not, see
 dnl <http://www.gnu.org/licenses/>.
 
-AC_INIT([libvirt], [1.2.0], [libvir-list@redhat.com], [], [http://libvirt.org])
+AC_INIT([libvirt], [1.2.1], [libvir-list@redhat.com], [], [http://libvirt.org])
 AC_CONFIG_SRCDIR([src/libvirt.c])
 AC_CONFIG_AUX_DIR([build-aux])
 AC_CONFIG_HEADERS([config.h])