diff --git a/docs/release-notes.rst b/docs/release-notes.rst
index 4f3971f7..478d7ec8 100644
--- a/docs/release-notes.rst
+++ b/docs/release-notes.rst
@@ -4,7 +4,12 @@
 Release notes
 =============
 
-Release 0.12.2 (unreleased)
+
+Release 0.12.3 (unreleased)
+===========================
+
+
+Release 0.12.2
 ===========================
 - `PR 787 <https://github.com/uber/petastorm/pull/787>`_: ``make_spark_converter`` supports creating converter from a saved Spark DataFrame path.
 
diff --git a/petastorm/__init__.py b/petastorm/__init__.py
index 3a7b90b0..8b210fd0 100644
--- a/petastorm/__init__.py
+++ b/petastorm/__init__.py
@@ -16,4 +16,4 @@
 from petastorm.reader import make_reader, make_batch_reader  # noqa: F401
 from petastorm.transform import TransformSpec  # noqa: F401
 
-__version__ = '0.12.1'
+__version__ = '0.12.2rc0'