diff --git a/CHANGELOG.md b/CHANGELOG.md
index 0bacfa99..bcb14cb8 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,12 @@
 
 <!--next-version-placeholder-->
 
+## v1.12.3 (2022-12-13)
+### Fix
+* Add cache decorator for older python versions. ([`c4c1a67`](https://github.com/neoave/mrack/commit/c4c1a6701eee9d17df20c66527c062f407d260ae))
+* **mrack.spec:** Missing dependency in c8s for beaker-client ([`aac3ed4`](https://github.com/neoave/mrack/commit/aac3ed4fe89f42be9fb0df85fad5d0decc635607))
+* **AWS:** Refactor sources to be py3.6 compatible ([`cd0335a`](https://github.com/neoave/mrack/commit/cd0335aa8c3115260c83c4f0e84cd5be10a84c0d))
+
 ## v1.12.2 (2022-12-02)
 ### Fix
 * Owner requirement boolean parsing from string ([`592f364`](https://github.com/neoave/mrack/commit/592f364e86d838e630259c0ce91928d15c10d00d))
diff --git a/docs/conf.py b/docs/conf.py
index daf0f7d5..23d033bf 100644
--- a/docs/conf.py
+++ b/docs/conf.py
@@ -22,7 +22,7 @@
 author = "Petr Vobornik"
 
 # The full version, including alpha/beta/rc tags
-release = "1.12.2"
+release = "1.12.3"
 
 # to work with ReadTheDocs which is using version < 2.0
 master_doc = 'index'
diff --git a/mrack.spec b/mrack.spec
index 69937a30..974fe854 100644
--- a/mrack.spec
+++ b/mrack.spec
@@ -1,5 +1,5 @@
 Name:           mrack
-Version:        1.12.2
+Version:        1.12.3
 Release:        1%{?dist}
 Summary:        Multicloud use-case based multihost async provisioner
 
@@ -182,6 +182,9 @@ rm -r src/%{name}.egg-info
 %{python3_sitelib}/%{name}/providers/utils/{,__pycache__/}testcloud.*
 
 %changelog
+* Tue Dec 13 2022 Tibor Dudlák <tdudlak@redhat.com> - 1.12.3-1
+- Released upstream version 1.12.3
+
 * Fri Dec 02 2022 Tibor Dudlák <tdudlak@redhat.com> - 1.12.2-1
 - Released upstream version 1.12.2
 
diff --git a/src/mrack/version.py b/src/mrack/version.py
index 82531afb..12fd731e 100644
--- a/src/mrack/version.py
+++ b/src/mrack/version.py
@@ -1,2 +1,2 @@
 """mrack library version."""
-VERSION = "1.12.2"
+VERSION = "1.12.3"