diff --git a/NEWS b/NEWS
index a72c9c6..072344e 100644
--- a/NEWS
+++ b/NEWS
@@ -1,3 +1,11 @@
+exfatprogs 1.2.4 - released 2024-06-17
+======================================
+
+BUG FIXES :
+ * tune.exfat: Fix "invalid serial number" error when
+   setting an serial number.
+ * fsck.exfat: Fix memory leak in an error path
+
 exfatprogs 1.2.3 - released 2024-05-23
 ======================================
 
diff --git a/include/version.h b/include/version.h
index bef66aaf..31f150e 100644
--- a/include/version.h
+++ b/include/version.h
@@ -5,6 +5,6 @@
 
 #ifndef _VERSION_H
 
-#define EXFAT_PROGS_VERSION "1.2.3"
+#define EXFAT_PROGS_VERSION "1.2.4"
 
 #endif /* !_VERSION_H */
diff --git a/lib/exfat_fs.c b/lib/exfat_fs.c
index be76e59..b24f532 100644
--- a/lib/exfat_fs.c
+++ b/lib/exfat_fs.c
@@ -128,8 +128,10 @@ struct exfat *exfat_alloc_exfat(struct exfat_blk_dev *blk_dev, struct pbr *bs)
 	struct exfat *exfat;
 
 	exfat = calloc(1, sizeof(*exfat));
-	if (!exfat)
+	if (!exfat) {
+		free(bs);
 		return NULL;
+	}
 
 	INIT_LIST_HEAD(&exfat->dir_list);
 	exfat->blk_dev = blk_dev;
diff --git a/lib/libexfat.c b/lib/libexfat.c
index 0bcb4a4..9cc184f 100644
--- a/lib/libexfat.c
+++ b/lib/libexfat.c
@@ -1046,6 +1046,8 @@ int exfat_parse_ulong(const char *s, unsigned long *out)
 {
 	char *endptr;
 
+	errno = 0;
+
 	*out = strtoul(s, &endptr, 0);
 
 	if (errno)