diff --git a/ChangeLog b/ChangeLog
index aa17caf60..bb8d83ef1 100644
--- a/ChangeLog
+++ b/ChangeLog
@@ -1,3 +1,10 @@
+2002-09-21  Werner Koch  <wk@gnupg.org>
+
+        Released 1.2.0.
+	
+	* configure.ac: Bumbed version number and set development version
+	to no.
+
 2002-09-19  David Shaw  <dshaw@jabberwocky.com>
 
 	* configure.ac: Try linking LDAP as just -lldap as it seems very
diff --git a/NEWS b/NEWS
index 1e818ff12..ccd4237b5 100644
--- a/NEWS
+++ b/NEWS
@@ -1,10 +1,23 @@
-Noteworthy changes in version 1.1.93 
--------------------------------------------------
+Noteworthy changes in version 1.2.0 (2002-09-21)
+------------------------------------------------
+
+    * There are quite some changes since the release of 1.0.7 
+      about 5 months ago.  Please see the entries below.
+
+    * This is a stable release and we won't add new features.  New
+      versions might be released to fix bugs, though.  Development
+      continues in the 1.3 branch and we also plan to open another
+      branch to work on a new modularized code base.
 
 
 Noteworthy changes in version 1.1.92 (2002-09-11)
 -------------------------------------------------
 
+    * [IMPORTANT] The default configuration file is now
+      ~/.gnupg/gpg.conf.  If an old ~/.gnupg/options is found it will
+      still be used.  This change is required to have a more
+      consistent naming scheme with forthcoming tools.
+
     * The use of MDCs have increased.  A MDC will be used if the
       recipients directly request it, if the recipients have AES,
       AES192, AES256, or TWOFISH in their cipher preferences, or if
@@ -30,12 +43,6 @@ Noteworthy changes in version 1.1.92 (2002-09-11)
       extension specified with --load-extension are checked, along
       with their enclosing directories.
 
-    * IMPORTANT: 
-      The default configuration file is now ~/.gnupg/gpg.conf.  If an
-      old ~/.gnupg/options is found it will still be used.  This
-      change is required to have a more consistent naming scheme with
-      forthcoming tools.
-
     * The configure option --with-static-rnd=auto allows to build gpg
       with all available entropy gathering modules included.  At
       runtime the best usable one will be selected from the list
@@ -46,8 +53,8 @@ Noteworthy changes in version 1.1.92 (2002-09-11)
       it can still be overridden by the --charset option.  Using the
       option -vvv shows the used character set.
 
-    * --emulate-checksum-bug and --emulate-3des-s2k-bug have been
-      removed.
+    * [REMOVED] --emulate-checksum-bug and --emulate-3des-s2k-bug have
+      been removed.
 
 
 Noteworthy changes in version 1.1.91 (2002-08-04)
diff --git a/configure.ac b/configure.ac
index 642eedf49..973be5219 100644
--- a/configure.ac
+++ b/configure.ac
@@ -26,8 +26,8 @@ AC_PREREQ(2.52)
 # Set development_version to yes if the minor number is odd or you
 # feel that the default check for a development version is not
 # sufficient.
-AC_INIT(gnupg, 1.1.93, bug-gnupg@gnu.org)
-development_version=yes
+AC_INIT(gnupg, 1.2.0, bug-gnupg@gnu.org)
+development_version=no
 
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