diff --git a/version b/version
index d54624d0b..85d5f608f 100644
--- a/version
+++ b/version
@@ -21,7 +21,7 @@
 # Current GAMS Studio version.
 STUDIO_MAJOR_VERSION=1
 STUDIO_MINOR_VERSION=12
-STUDIO_PATCH_LEVEL=0
+STUDIO_PATCH_LEVEL=1
 VERSION='$$STUDIO_MAJOR_VERSION'.'$$STUDIO_MINOR_VERSION'.'$$STUDIO_PATCH_LEVEL'
 
 # Minimum required GAMS Distribution version, which