diff --git a/package.json b/package.json
index 03647cc7b42..6934d006a82 100644
--- a/package.json
+++ b/package.json
@@ -1,7 +1,7 @@
 {
     "name": "web3",
     "private": true,
-    "version": "1.2.0",
+    "version": "1.2.1",
     "description": "Ethereum JavaScript API wrapper repository",
     "license": "LGPL-3.0",
     "engines": {
diff --git a/packages/web3/package.json b/packages/web3/package.json
index 7dc7bcf0590..45f6b9cb787 100644
--- a/packages/web3/package.json
+++ b/packages/web3/package.json
@@ -1,6 +1,6 @@
 {
     "name": "web3",
-    "version": "1.2.0",
+    "version": "1.2.1",
     "description": "Ethereum JavaScript API",
     "repository": "https://github.com/ethereum/web3.js/tree/1.x/packages/web3",
     "license": "LGPL-3.0",