diff --git a/koji-containerbuild.spec b/koji-containerbuild.spec
index 536d53a..e2b624e 100644
--- a/koji-containerbuild.spec
+++ b/koji-containerbuild.spec
@@ -15,7 +15,7 @@
 %global module koji_containerbuild
 
 Name:           koji-containerbuild
-Version:        1.1.0
+Version:        1.2.0
 Release:        1%{?dist}
 Summary:        Koji support for building layered container images
 Group:          Applications/System
@@ -158,6 +158,9 @@ rm -rf $RPM_BUILD_ROOT
 
 
 %changelog
+* Wed Dec 14 2022 mkosiarc <mkosiarc@redhat.com> 1.2.0-1
+- new upstream release: 1.2.0
+
 * Thu Nov 03 2022 Robert Cerven <rcerven@redhat.com> 1.1.0-1
 - new upstream release: 1.1.0
 
diff --git a/rel-eng/packages/koji-containerbuild b/rel-eng/packages/koji-containerbuild
index 11c4a8a..ef1b931 100644
--- a/rel-eng/packages/koji-containerbuild
+++ b/rel-eng/packages/koji-containerbuild
@@ -1 +1 @@
-1.1.0-1 ./
+1.2.0-1 ./
diff --git a/setup.py b/setup.py
index d6bcbde..52ad3b9 100644
--- a/setup.py
+++ b/setup.py
@@ -44,7 +44,7 @@ def find_package_modules(self, package, package_dir):
 
 setup(
     name="koji-containerbuild",
-    version="1.1.0",
+    version="1.2.0",
     author="Pavol Babincak",
     author_email="pbabinca@redhat.com",
     description="Container build support for Koji buildsystem",