diff --git a/BUILD b/BUILD
index faaef5198ab..0c6daee4bb8 100644
--- a/BUILD
+++ b/BUILD
@@ -41,7 +41,7 @@ g_stands_for = "green"
 
 core_version = "3.0.0-dev"
 
-version = "1.2.1-pre2"
+version = "1.2.1"
 
 grpc_cc_library(
     name = "gpr",