diff --git a/Makefile b/Makefile
index d589f77..07c0941 100644
--- a/Makefile
+++ b/Makefile
@@ -23,7 +23,7 @@ all: debug release pkgconfig
 
 VERSION_MAJOR = 1
 VERSION_MINOR = 2
-VERSION_RELEASE = 2
+VERSION_RELEASE = 3
 
 # Version for pkg-config
 PCVERSION = $(VERSION_MAJOR).$(VERSION_MINOR).$(VERSION_RELEASE)
diff --git a/debian/changelog b/debian/changelog
index 854c18f..896e635 100644
--- a/debian/changelog
+++ b/debian/changelog
@@ -1,3 +1,9 @@
+libgbinder-radio (1.2.3) unstable; urgency=medium
+
+  * Reformatted radio@1.2 types
+
+ -- Slava Monich <slava.monich@jolla.com>  Fri, 19 Mar 2021 05:21:52 +0200
+
 libgbinder-radio (1.2.2) unstable; urgency=medium
 
   * Added radio_instance_get_with_version()
diff --git a/rpm/libgbinder-radio.spec b/rpm/libgbinder-radio.spec
index 2699951..bdb3913 100644
--- a/rpm/libgbinder-radio.spec
+++ b/rpm/libgbinder-radio.spec
@@ -1,5 +1,5 @@
 Name: libgbinder-radio
-Version: 1.2.2
+Version: 1.2.3
 Release: 0
 Summary: Binder client library for Android radio interfaces
 Group: Development/Libraries