diff --git a/history.textile b/history.textile
index 9f5c7abc..7fd9f23c 100644
--- a/history.textile
+++ b/history.textile
@@ -1,3 +1,7 @@
+h2. Version 2.12.3
+
+* Improvements for Italy, Egypt.
+
 h2. Version 2.12.2
 
 * Fix for NANP (see #232).
diff --git a/phony.gemspec b/phony.gemspec
index 3644a1f3..bbb25c3d 100644
--- a/phony.gemspec
+++ b/phony.gemspec
@@ -1,6 +1,6 @@
 Gem::Specification.new do |s|
   s.name = 'phony'
-  s.version = '2.12.2'
+  s.version = '2.12.3'
   s.authors = ['Florian Hanke']
   s.email = 'florian.hanke+phony@gmail.com'
   s.homepage = 'http://github.com/floere/phony'