diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index 8032c17e87a..38acea67053 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1,3 +1,3 @@
 {
-  ".": "0.12.0"
+  ".": "0.12.1"
 }
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 749c7cfd0a9..6a9e4f0707f 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,25 @@
 # Changelog
 
+## [0.12.1](https://github.com/noir-lang/noir/compare/v0.12.0...v0.12.1) (2023-09-20)
+
+
+### Features
+
+* Add wrapping functions in stdlib and use them in relevant test cases ([#2725](https://github.com/noir-lang/noir/issues/2725)) ([49ab121](https://github.com/noir-lang/noir/commit/49ab121ef21819e028d407999a689b92c67d8df7))
+* **aztec-noir:** Abstract storage ([#2750](https://github.com/noir-lang/noir/issues/2750)) ([5481344](https://github.com/noir-lang/noir/commit/5481344feaa0403e1f6a499ff1e8e4dbbd0297aa))
+* Signed arithmetic ([#2748](https://github.com/noir-lang/noir/issues/2748)) ([a84216d](https://github.com/noir-lang/noir/commit/a84216dd23513b008739ae0a749e48d0dd262a28))
+* **traits:** Implement trait bounds def collector + resolver passes ([#2716](https://github.com/noir-lang/noir/issues/2716)) ([e3d18bb](https://github.com/noir-lang/noir/commit/e3d18bb9889d84fa78eecf3783bac446eac5adef))
+* **traits:** Type checking for Trait impl method signatures  ([#2652](https://github.com/noir-lang/noir/issues/2652)) ([8617008](https://github.com/noir-lang/noir/commit/8617008d572c22fd9c830c233bfc0088fe0bafe4))
+* Variable liveness analysis for brillig ([#2715](https://github.com/noir-lang/noir/issues/2715)) ([ddb05ab](https://github.com/noir-lang/noir/commit/ddb05ab8d30ea2b60c06f3cd7d36d5bf1b21b3ef))
+
+
+### Bug Fixes
+
+* Add error message for a contract package with no contracts ([#2762](https://github.com/noir-lang/noir/issues/2762)) ([9701a0c](https://github.com/noir-lang/noir/commit/9701a0cc2cde3b3e8fa55c3f8d09343f8861f2f8))
+* Check for literal overflows in expressions ([#2742](https://github.com/noir-lang/noir/issues/2742)) ([4009f30](https://github.com/noir-lang/noir/commit/4009f30e18b17b5e7ef5af324bb9eaea5ed3780a))
+* Keep the correct type for bitshift ([#2739](https://github.com/noir-lang/noir/issues/2739)) ([04fc2ea](https://github.com/noir-lang/noir/commit/04fc2ea5bc2490cdd2cb4ec90e34986fa91f43d4))
+* Nightly js test ([#2740](https://github.com/noir-lang/noir/issues/2740)) ([36dcd48](https://github.com/noir-lang/noir/commit/36dcd4883313faabefe201be3645dcad79dc7970))
+
 ## [0.12.0](https://github.com/noir-lang/noir/compare/v0.11.1...v0.12.0) (2023-09-15)
 
 
diff --git a/Cargo.toml b/Cargo.toml
index 2879823163e..58718f8681b 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -25,7 +25,7 @@ resolver = "2"
 
 [workspace.package]
 # x-release-please-start-version
-version = "0.12.0"
+version = "0.12.1"
 # x-release-please-end
 authors = ["The Noir Team <team@noir-lang.org>"]
 edition = "2021"
diff --git a/compiler/source-resolver/package.json b/compiler/source-resolver/package.json
index 7295343b163..68a4a3b2758 100644
--- a/compiler/source-resolver/package.json
+++ b/compiler/source-resolver/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@noir-lang/source-resolver",
-  "version": "0.12.0",
+  "version": "0.12.1",
   "license": "MIT",
   "main": "./lib-node/index_node.js",
   "types": "./types/index_node.d.ts",
diff --git a/compiler/wasm/package.json b/compiler/wasm/package.json
index 4c2b2181d2a..6ffaaf4b0e6 100644
--- a/compiler/wasm/package.json
+++ b/compiler/wasm/package.json
@@ -3,7 +3,7 @@
   "collaborators": [
     "The Noir Team <team@noir-lang.org>"
   ],
-  "version": "0.12.0",
+  "version": "0.12.1",
   "license": "(MIT OR Apache-2.0)",
   "main": "./nodejs/noir_wasm.js",
   "types": "./web/noir_wasm.d.ts",
diff --git a/flake.nix b/flake.nix
index d4d1f4c54fa..ec4a6bfeec0 100644
--- a/flake.nix
+++ b/flake.nix
@@ -73,7 +73,7 @@
       # Configuration shared between builds
       config = {
         # x-release-please-start-version
-        version = "0.12.0";
+        version = "0.12.1";
         # x-release-please-end
 
         src = pkgs.lib.cleanSourceWith {
diff --git a/tooling/noir_js/package.json b/tooling/noir_js/package.json
index 11a7d9197b1..23a49ff198b 100644
--- a/tooling/noir_js/package.json
+++ b/tooling/noir_js/package.json
@@ -3,7 +3,7 @@
   "collaborators": [
     "The Noir Team <team@noir-lang.org>"
   ],
-  "version": "0.12.0",
+  "version": "0.12.1",
   "packageManager": "yarn@3.5.1",
   "license": "(MIT OR Apache-2.0)",
   "dependencies": {
diff --git a/tooling/noirc_abi_wasm/package.json b/tooling/noirc_abi_wasm/package.json
index c56eb2178bb..47ac997226e 100644
--- a/tooling/noirc_abi_wasm/package.json
+++ b/tooling/noirc_abi_wasm/package.json
@@ -3,7 +3,7 @@
   "collaborators": [
     "The Noir Team <team@noir-lang.org>"
   ],
-  "version": "0.12.0",
+  "version": "0.12.1",
   "license": "(MIT OR Apache-2.0)",
   "files": [
     "nodejs",