diff --git a/CHANGELOG.md b/CHANGELOG.md
index 2043b6046..7ba7ebeb5 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,17 @@
+##2015-04-14 - Supported Release 1.2.1
+###Summary
+
+This release includes bugfixes, test improvements, and a rewritten README.
+
+####Bugfixes
+
+- Verifies existence of $is_pe before using it.
+- Adds validation for $order param to not allow restricted characters.
+- Sets the group id on Fragments for versions of Facter that contain the $gid fact.
+- Sets the script group to 0 if the script is owned by root.
+- Explicitly sets script and concat directories to the same owner and group.
+- Re-adds support for fragment backup, so that static compiler can work with filebucket (MODULES-1700).
+
 ##2015-02-17 - Supported Release 1.2.0
 ###Summary
 
diff --git a/metadata.json b/metadata.json
index 9d7a46dd0..ce932111d 100644
--- a/metadata.json
+++ b/metadata.json
@@ -1,6 +1,6 @@
 {
   "name": "puppetlabs-concat",
-  "version": "1.2.0",
+  "version": "1.2.1",
   "author": "Puppet Labs",
   "summary": "Construct files from multiple fragments.",
   "license": "Apache-2.0",