diff --git a/CHANGELOG.md b/CHANGELOG.md
index 8e99fccf5..228e119d9 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,30 @@
+# 1.2.0 - 2024-02-19
+
+## Updated
+* Support running LibCST on Python 3.12 and drop support for running it on 3.8
+  * remove 3.8 support by @zsol in https://github.com/Instagram/LibCST/pull/1073
+  * Remove reference to distutils by @zsol in https://github.com/Instagram/LibCST/pull/1099
+  * Update pyproject.toml for Python 3.12 support by @itamaro in https://github.com/Instagram/LibCST/pull/1038
+
+## Added
+* Allow `Element::codegen` to be used by external users by @Wilfred in https://github.com/Instagram/LibCST/pull/1071
+
+## Fixed
+* Fix parsing list matchers without explicit brackets by @zsol in https://github.com/Instagram/LibCST/pull/1097
+* installing rustc/cargo for mybinder demo by @aleivag in https://github.com/Instagram/LibCST/pull/1083
+* fix filepathprovider generic type by @kinto0 in https://github.com/Instagram/LibCST/pull/1036
+
+## New Contributors
+* @itamaro made their first contribution in https://github.com/Instagram/LibCST/pull/1039
+* @kinto0 made their first contribution in https://github.com/Instagram/LibCST/pull/1036
+* @dtolnay made their first contribution in https://github.com/Instagram/LibCST/pull/1063
+* @anonymousdouble made their first contribution in https://github.com/Instagram/LibCST/pull/1082
+* @aleivag made their first contribution in https://github.com/Instagram/LibCST/pull/1083
+* @Wilfred made their first contribution in https://github.com/Instagram/LibCST/pull/1071
+* @diliop made their first contribution in https://github.com/Instagram/LibCST/pull/1106
+
+**Full Changelog**: https://github.com/Instagram/LibCST/compare/v1.1.0...v1.2.0
+
 # 1.1.0 - 2023-10-05
 
 ## Added
diff --git a/native/Cargo.lock b/native/Cargo.lock
index 0ae243071..4fb1b7b67 100644
--- a/native/Cargo.lock
+++ b/native/Cargo.lock
@@ -355,7 +355,7 @@ checksum = "a08173bc88b7955d1b3145aa561539096c421ac8debde8cbc3612ec635fee29b"
 
 [[package]]
 name = "libcst"
-version = "1.1.0"
+version = "1.2.0"
 dependencies = [
  "chic",
  "criterion",
@@ -373,7 +373,7 @@ dependencies = [
 
 [[package]]
 name = "libcst_derive"
-version = "1.1.0"
+version = "1.2.0"
 dependencies = [
  "quote",
  "syn 2.0.41",
diff --git a/native/libcst/Cargo.toml b/native/libcst/Cargo.toml
index 737f71b91..9451f1613 100644
--- a/native/libcst/Cargo.toml
+++ b/native/libcst/Cargo.toml
@@ -5,7 +5,7 @@
 
 [package]
 name = "libcst"
-version = "1.1.0"
+version = "1.2.0"
 authors = ["LibCST Developers"]
 edition = "2018"
 rust-version = "1.70"
@@ -42,7 +42,7 @@ peg = "0.8.1"
 chic = "1.2.2"
 regex = "1.9.3"
 memchr = "2.5.0"
-libcst_derive = { path = "../libcst_derive", version = "1.1.0" }
+libcst_derive = { path = "../libcst_derive", version = "1.2.0" }
 
 [dev-dependencies]
 criterion = { version = "0.5.1", features = ["html_reports"] }
diff --git a/native/libcst_derive/Cargo.toml b/native/libcst_derive/Cargo.toml
index 5d7064e9c..06903a0a7 100644
--- a/native/libcst_derive/Cargo.toml
+++ b/native/libcst_derive/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "libcst_derive"
-version = "1.1.0"
+version = "1.2.0"
 edition = "2018"
 description = "Proc macro helpers for libcst."
 license-file = "LICENSE"