diff --git a/.bumpversion.cfg b/.bumpversion.cfg
index 55055b8dc40..46f1ac8becd 100644
--- a/.bumpversion.cfg
+++ b/.bumpversion.cfg
@@ -1,5 +1,5 @@
 [bumpversion]
-current_version = 1.2.3
+current_version = 1.2.4
 files = setup.py src/scancode/__init__.py
 commit = False
 tag = False
diff --git a/CHANGELOG.rst b/CHANGELOG.rst
index 2868a66d5d5..a0d909e325d 100644
--- a/CHANGELOG.rst
+++ b/CHANGELOG.rst
@@ -2,6 +2,24 @@
 Changelog
 =========
 
+1.2.4 (2015-07-22)
+------------------
+
+* Minor bug fixes.
+
+ * Improved copyright detections.
+ * can scan a single file located in the installation directoy
+ * other minor improvements and minor bug fixes.
+
+
+1.2.3 (2015-07-16)
+------------------
+
+* Major bug fixes on Windows
+ * This is a major bug fix release for Windows. 
+   The -extract option was not working on Windows in previous 1.2.x pre-releases
+
+
 1.2.2 (2015-07-14)
 ------------------
 
diff --git a/setup.py b/setup.py
index 8dac8ac6928..1aa160f1159 100644
--- a/setup.py
+++ b/setup.py
@@ -29,7 +29,7 @@ def read(*names, **kwargs):
 
 setup(
     name='scancode-toolkit',
-    version='1.2.3',
+    version='1.2.4',
     license='Apache-2.0 with ScanCode acknowledgment and CC0-1.0 and others',
     description='ScanCode is a tool to scan code for license, copyright and other interesting facts.',
     long_description=long_description,
diff --git a/src/scancode/__init__.py b/src/scancode/__init__.py
index 52a6270d1cc..7f4bb150105 100644
--- a/src/scancode/__init__.py
+++ b/src/scancode/__init__.py
@@ -22,4 +22,4 @@
 #  ScanCode is a free software code scanning tool from nexB Inc. and others.
 #  Visit https://github.com/nexB/scancode-toolkit/ for support and download.
 
-__version__ = '1.2.3'
+__version__ = '1.2.4'