diff --git a/build.sbt b/build.sbt
index b6f608a97..08e0531fc 100644
--- a/build.sbt
+++ b/build.sbt
@@ -13,7 +13,7 @@ import Dependencies._
 
 inThisBuild(
   Seq(
-    tlBaseVersion        := "1.1",
+    tlBaseVersion        := "1.2",
     homepage             := Some(new URL("https://typelevel.org/Laika/")),
     organization         := "org.typelevel",
     organizationHomepage := Some(new URL("http://typelevel.org")),
diff --git a/project/ManualSettings.scala b/project/ManualSettings.scala
index 6d7bf0826..5beb59c20 100644
--- a/project/ManualSettings.scala
+++ b/project/ManualSettings.scala
@@ -19,7 +19,7 @@ object ManualSettings {
 
   object versions {
 
-    val latestRelease = "1.1.0"
+    val latestRelease = "1.2.0"
 
     private def version(version: String, label: String = "EOL"): Version = {
       val (pathSegment, canonical) = version match {