diff --git a/CHANGELOG.rst b/CHANGELOG.rst
index a02b0ed5..8192cd68 100644
--- a/CHANGELOG.rst
+++ b/CHANGELOG.rst
@@ -3,6 +3,12 @@
 Changelog
 ---------
 
+0.12.1 (2018-06-30)
++++++++++++++++++++
+
+- This release forces you to upgrade parso. If you don't, nothing will work
+  anymore. Otherwise changes should be limited to bug fixes.
+
 0.12.0 (2018-04-15)
 +++++++++++++++++++
 
diff --git a/jedi/__init__.py b/jedi/__init__.py
index ff2de906..30b19216 100644
--- a/jedi/__init__.py
+++ b/jedi/__init__.py
@@ -36,7 +36,7 @@ As you see Jedi is pretty simple and allows you to concentrate on writing a
 good text editor, while still having very good IDE features for Python.
 """
 
-__version__ = '0.12.0'
+__version__ = '0.12.1'
 
 from jedi.api import Script, Interpreter, set_debug_function, \
     preload_module, names
diff --git a/requirements.txt b/requirements.txt
index 4bdf1b74..bde6897f 100644
--- a/requirements.txt
+++ b/requirements.txt
@@ -1 +1 @@
-parso>=0.2.0
+parso>=0.3.0