diff --git a/CHANGELOG b/CHANGELOG
index 581912be8c3..487460c552e 100644
--- a/CHANGELOG
+++ b/CHANGELOG
@@ -1,5 +1,7 @@
 = ActiveMerchant CHANGELOG
 
+== Version 1.12.0 (Mar 1, 2011)
+
 * DirecPay: Send phone number as mobile phone by default [Soleone]
 * Support sending line items for PayPal Express transactions [Jonathan Rudenberg]
 * Update PayPal Express XML format to latest version [Jonathan Rudenberg]
diff --git a/activemerchant.gemspec b/activemerchant.gemspec
index 544a655cc67..9b8ee38ae1d 100644
--- a/activemerchant.gemspec
+++ b/activemerchant.gemspec
@@ -1,7 +1,7 @@
 Gem::Specification.new do |s|
   s.platform     = Gem::Platform::RUBY
   s.name         = 'activemerchant'
-  s.version      = '1.11.0'
+  s.version      = '1.12.0'
   s.summary      = 'Framework and tools for dealing with credit card transactions.'
   s.description  = 'Active Merchant is a simple payment abstraction library used in and sponsored by Shopify. It is written by Tobias Luetke, Cody Fauser, and contributors. The aim of the project is to feel natural to Ruby users and to abstract as many parts as possible away from the user to offer a consistent interface across all supported gateways.'
 
diff --git a/lib/active_merchant/version.rb b/lib/active_merchant/version.rb
index f051d1eed5f..3abc547893f 100644
--- a/lib/active_merchant/version.rb
+++ b/lib/active_merchant/version.rb
@@ -1,3 +1,3 @@
 module ActiveMerchant
-  VERSION = "1.11.0"
+  VERSION = "1.12.0"
 end