diff --git a/.gitignore b/.gitignore
index 24b319c..4f7fa18 100644
--- a/.gitignore
+++ b/.gitignore
@@ -4,3 +4,4 @@
 /babeltrace-1.1.0.tar.bz2
 /babeltrace-1.1.1.tar.bz2
 /babeltrace-1.2.0.tar.bz2
+/babeltrace-1.2.1.tar.bz2
diff --git a/babeltrace.spec b/babeltrace.spec
index 900a4b0..a58f70f 100644
--- a/babeltrace.spec
+++ b/babeltrace.spec
@@ -1,5 +1,5 @@
 Name:           babeltrace
-Version:        1.2.0
+Version:        1.2.1
 Release:        1%{?dist}
 License:        MIT and GPLv2
 URL:            http://www.efficios.com/babeltrace
@@ -78,6 +78,9 @@ rm -vf %{buildroot}%{_libdir}/*.la
 %{_libdir}/pkgconfig/babeltrace-ctf.pc
 
 %changelog
+* Thu Mar 27 2014 Yannick Brosseau <yannick.brosseau@gmail.com> - 1.2.1-1
+- New upstream release
+
 * Sat Mar 01 2014 Suchakra Sharma <suchakra@fedoraproject.org> - 1.2.0-1
 - New upstream release
 - Popt patch for babeltrace.pc.in removed. Its fixed in Fedora now
diff --git a/sources b/sources
index 07ce8d1..3755456 100644
--- a/sources
+++ b/sources
@@ -1 +1 @@
-104793ae3576ad9d1ef7d505f0ea5144  babeltrace-1.2.0.tar.bz2
+5d2dbf37117537b484f731ecbe72c29c  babeltrace-1.2.1.tar.bz2