diff --git a/CHANGELOG.md b/CHANGELOG.md
index 94ac21f4..1646a2e8 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -5,6 +5,7 @@ The format is based on [Keep a Changelog](https://keepachangelog.com/en/1.0.0/),
 and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0.html).
 
 ## [Unreleased]
+## [1.2.0] - 2024-07-09
 ### Added
 - New Tarantool 3 metrics:
   - tnt_config_alerts
diff --git a/metrics/version.lua b/metrics/version.lua
index 9e043833..dd22bfcc 100644
--- a/metrics/version.lua
+++ b/metrics/version.lua
@@ -1,4 +1,4 @@
 -- Сontains the module version.
 -- Requires manual update in case of release commit.
 
-return '1.1.0'
+return '1.2.0'