diff --git a/CHANGELOG.md b/CHANGELOG.md
index dda34a7..0e2841b 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,7 @@
+## v1.2.1
+
+* Bump required version of `incuna-mail` in order to fix circular import.
+
 ## v1.2.0
 
 * Protect auth login and password reset views against throttling.
diff --git a/setup.py b/setup.py
index 09670dd..9ba6ff5 100644
--- a/setup.py
+++ b/setup.py
@@ -1,7 +1,7 @@
 from setuptools import setup, find_packages
 
 
-version = '1.2.0'
+version = '1.2.1'
 
 
 install_requires = (