diff --git a/doc/conf.py b/doc/conf.py
index 222d6759b..94cdb5912 100644
--- a/doc/conf.py
+++ b/doc/conf.py
@@ -48,9 +48,9 @@ copyright = u'2014, Antoine Nguyen'
 # built documents.
 #
 # The short X.Y version.
-version = '1.1'
+version = '1.2'
 # The full version, including alpha/beta/rc tags.
-release = '1.1.7'
+release = '1.2.0-rc1'
 
 # The language for content autogenerated by Sphinx. Refer to documentation
 # for a list of supported languages.
diff --git a/setup.py b/setup.py
index 926857f96..5b2cf614e 100644
--- a/setup.py
+++ b/setup.py
@@ -54,7 +54,7 @@ def read(fname):
 
 setup(
     name="modoboa",
-    version='1.1.7',
+    version='1.2.0-rc1',
     url='http://modoboa.org/',
     license='MIT',
     description="Mail hosting made simple",