diff --git a/pandoc.cabal b/pandoc.cabal
index 1500aeacc..7a34787a2 100644
--- a/pandoc.cabal
+++ b/pandoc.cabal
@@ -1,5 +1,5 @@
 Name:            pandoc
-Version:         1.1
+Version:         1.2
 Cabal-Version:   >= 1.2
 Build-Type:      Custom
 License:         GPL
diff --git a/src/Text/Pandoc.hs b/src/Text/Pandoc.hs
index e97103f97..496128480 100644
--- a/src/Text/Pandoc.hs
+++ b/src/Text/Pandoc.hs
@@ -111,4 +111,4 @@ import Text.Pandoc.Shared
 
 -- | Version number of pandoc library.
 pandocVersion :: String
-pandocVersion = "1.1"
+pandocVersion = "1.2"