diff --git a/CHANGES b/CHANGES
index 49861679d..cb80bd7d8 100644
--- a/CHANGES
+++ b/CHANGES
@@ -1,9 +1,12 @@
-Release 1.2 (in development)
-============================
+Release 1.2 beta3 (released Oct 3, 2013)
+========================================
 
 Features added
 --------------
 
+* The Sphinx error log files will now include a list of the loaded extensions
+  for help in debugging.
+
 Incompatible changes
 --------------------
 
diff --git a/sphinx/__init__.py b/sphinx/__init__.py
index 9bb64d0dd..2067afe42 100644
--- a/sphinx/__init__.py
+++ b/sphinx/__init__.py
@@ -15,8 +15,8 @@
 import sys
 from os import path
 
-__version__  = '1.2b2'
-__released__ = '1.2b2'  # used when Sphinx builds its own docs
+__version__  = '1.2b3'
+__released__ = '1.2b3'  # used when Sphinx builds its own docs
 
 package_dir = path.abspath(path.dirname(__file__))