diff --git a/gstreamer1-plugins-good.spec b/gstreamer1-plugins-good.spec
index eec63ce..a968ad2 100644
--- a/gstreamer1-plugins-good.spec
+++ b/gstreamer1-plugins-good.spec
@@ -8,8 +8,8 @@
 %endif
 
 Name:           gstreamer1-plugins-good
-Version:        1.2.2
-Release:        2%{?dist}
+Version:        1.2.3
+Release:        1%{?dist}
 Summary:        GStreamer plugins with good code and licensing
 
 License:        LGPLv2+
@@ -205,6 +205,9 @@ find $RPM_BUILD_ROOT -name '*.la' -exec rm -f {} ';'
 
 
 %changelog
+* Mon Feb 10 2014 Brian Pepple <bpepple@fedoraproject.org> - 1.2.3-1
+- Update to 1.2.3.
+
 * Tue Jan 14 2014 Wim Taymans <wtaymans@redhat.com> - 1.2.2-2
 - Disable the cairo plugin, we don't package it.