diff --git a/.gitignore b/.gitignore
index e8f4bc8..e2b7431 100644
--- a/.gitignore
+++ b/.gitignore
@@ -2,3 +2,4 @@
 /gst-plugins-ugly-free-1.12.0.tar.xz
 /gst-plugins-ugly-free-1.12.1.tar.xz
 /gst-plugins-ugly-free-1.12.2.tar.xz
+/gst-plugins-ugly-free-1.12.3.tar.xz
diff --git a/gstreamer1-plugins-ugly-free.spec b/gstreamer1-plugins-ugly-free.spec
index 067fe4e..53c1794 100644
--- a/gstreamer1-plugins-ugly-free.spec
+++ b/gstreamer1-plugins-ugly-free.spec
@@ -5,8 +5,8 @@
 #global shortcommit %(c=%{gitcommit}; echo ${c:0:5})
 
 Name:           gstreamer1-plugins-ugly-free
-Version:        1.12.2
-Release:        3%{?dist}
+Version:        1.12.3
+Release:        1%{?dist}
 Summary:        GStreamer streaming media framework "ugly" plugins
 
 License:        LGPLv2+ and LGPLv2
@@ -148,6 +148,9 @@ find $RPM_BUILD_ROOT -name '*.la' -exec rm -f {} ';'
 
 
 %changelog
+* Tue Sep 19 2017 Wim Taymans <wtaymans@redhat.com> - 1.12.3-1
+- Update to 1.12.3
+
 * Wed Aug 02 2017 Fedora Release Engineering <releng@fedoraproject.org> - 1.12.2-3
 - Rebuilt for https://fedoraproject.org/wiki/Fedora_27_Binutils_Mass_Rebuild
 
diff --git a/sources b/sources
index da3071b..8353434 100644
--- a/sources
+++ b/sources
@@ -1 +1 @@
-SHA512 (gst-plugins-ugly-free-1.12.2.tar.xz) = 286dafa7dd081b8c57f5e18426f403c269db1b06518be6a833d06486f5d393680b2bb851601987f223d9170ff65a6c94cc7dcbd9789e7963e29af37f3f1837a1
+SHA512 (gst-plugins-ugly-free-1.12.3.tar.xz) = ded5812fb6360ad973dc28f6c450306adcac7fb689143ab4af0342d09be96a4b965fd5e7b535180bc53e9a94118950b7503a512798eb96c48a057579f1156d98