diff --git a/CHANGES.rst b/CHANGES.rst
index 8c78d80..aac372a 100644
--- a/CHANGES.rst
+++ b/CHANGES.rst
@@ -1,6 +1,18 @@
 Changelog
 =========
 
+0.12.1 (2017-03-27)
+-------------------
+
+- Avoid remote branch name churn. [Chris Adams]
+
+  This avoids the backup output having lots of "[new branch]" messages
+  because removing the old remote name removed all of the existing branch
+  references.
+
+
+- Fix detection of bare git directories. [Andrzej Maczuga]
+
 0.12.0 (2016-11-22)
 -------------------
 
diff --git a/github_backup/__init__.py b/github_backup/__init__.py
index 2c7bffb..f8d9095 100644
--- a/github_backup/__init__.py
+++ b/github_backup/__init__.py
@@ -1 +1 @@
-__version__ = '0.12.0'
+__version__ = '0.12.1'