diff --git a/CHANGELOG.md b/CHANGELOG.md
index 49f68f6eec062c5b7875be7488738b4f429a857e..02d5b3186022e3a0502f28c77133a2525dfe172d 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -6,8 +6,13 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 ## [Unreleased]
 
+## [0.12.1] - 2021-04-25
+
 ### Added
-- Suggest `binaryen` installation from  GitHub release on outdated version - [#274](https://github.com/paritytech/cargo-contract/pull/274)
+- Suggest `binaryen` installation from GitHub release on outdated version - [#274](https://github.com/paritytech/cargo-contract/pull/274)
+
+### Fixed
+- Always use library targets name for contract artifacts - [#277](https://github.com/paritytech/cargo-contract/pull/277)
 
 ## [0.12.0] - 2021-04-21
 
diff --git a/Cargo.lock b/Cargo.lock
index ae62caff570226dc05a7467cc8495e12f08c516b..38b52c9adbf45740f116538a1e15a879b72b31db 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -474,7 +474,7 @@ dependencies = [
 
 [[package]]
 name = "cargo-contract"
-version = "0.12.0"
+version = "0.12.1"
 dependencies = [
  "anyhow",
  "assert_matches",
diff --git a/Cargo.toml b/Cargo.toml
index faae142671c439ed30b6edcaac108b249b1c845c..be523b3404c98e133c4ce9f957ca3fcfab3f0df7 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -3,7 +3,7 @@ members = [".", "metadata"]
 
 [package]
 name = "cargo-contract"
-version = "0.12.0"
+version = "0.12.1"
 authors = ["Parity Technologies <admin@parity.io>"]
 build = "build.rs"
 edition = "2018"