diff --git a/discord/__init__.py b/discord/__init__.py
index 09c825e36..3623a5283 100644
--- a/discord/__init__.py
+++ b/discord/__init__.py
@@ -15,7 +15,7 @@ __title__ = 'discord'
 __author__ = 'Rapptz'
 __license__ = 'MIT'
 __copyright__ = 'Copyright 2015-2019 Rapptz'
-__version__ = '1.2.2'
+__version__ = '1.2.3'
 
 from collections import namedtuple
 import logging
@@ -53,7 +53,7 @@ from .raw_models import *
 
 VersionInfo = namedtuple('VersionInfo', 'major minor micro releaselevel serial')
 
-version_info = VersionInfo(major=1, minor=2, micro=2, releaselevel='final', serial=0)
+version_info = VersionInfo(major=1, minor=2, micro=3, releaselevel='final', serial=0)
 
 try:
     from logging import NullHandler
diff --git a/docs/whats_new.rst b/docs/whats_new.rst
index 612c35144..7fc8aa06c 100644
--- a/docs/whats_new.rst
+++ b/docs/whats_new.rst
@@ -11,6 +11,20 @@ Changelog
 This page keeps a detailed human friendly rendering of what's new and changed
 in specific versions.
 
+.. _vp1p2p3:
+
+v1.2.3
+--------
+
+Bug Fixes
+~~~~~~~~~~~
+
+- Fix an AttributeError when accessing :attr:`Member.premium_since` in :func:`on_member_update`. (:issue:`2213`)
+- Handle :exc:`asyncio.CancelledError` in :meth:`abc.Messageable.typing` context manager. (:issue:`2218`)
+- Raise the max encoder bitrate to 512kbps to account for nitro boosting. (:issue:`2232`)
+- Properly propagate exceptions in :meth:`Client.run`. (:issue:`2237`)
+- |commands| Ensure cooldowns are properly copied when used in cog level ``command_attrs``.
+
 .. _vp1p2p2:
 
 v1.2.2