diff --git a/CHANGELOG.md b/CHANGELOG.md
index 45b2cf1..78fb645 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -8,6 +8,7 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 <!-- next-header -->
 ## [Unreleased] - ReleaseDate
+## [0.12.1] - 2022-10-25
 ### Added
 - [PR#43](https://github.com/EmbarkStudios/krates/pull/43) and [PR#44](https://github.com/EmbarkStudios/krates/pull/44) added `Krates::direct_dependents` to more easily obtain the crates that directly depend on the specified crate/node, regardless of any features in between those crates.
 
@@ -96,7 +97,8 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 - Initial implementation
 
 <!-- next-url -->
-[Unreleased]: https://github.com/EmbarkStudios/krates/compare/0.12.0...HEAD
+[Unreleased]: https://github.com/EmbarkStudios/krates/compare/0.12.1...HEAD
+[0.12.1]: https://github.com/EmbarkStudios/krates/compare/0.12.0...0.12.1
 [0.12.0]: https://github.com/EmbarkStudios/krates/compare/0.11.0...0.12.0
 [0.11.0]: https://github.com/EmbarkStudios/krates/compare/0.10.1...0.11.0
 [0.10.1]: https://github.com/EmbarkStudios/krates/compare/0.10.0...0.10.1
diff --git a/Cargo.toml b/Cargo.toml
index b33f4ea..27f532b 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "krates"
-version = "0.12.0"
+version = "0.12.1"
 description = "Create graphs of crates gathered from cargo metadata"
 authors = [
     "Embark <opensource@embark-studios.com>",