diff --git a/CHANGELOG.rst b/CHANGELOG.rst
index 8d1ff92..d71393a 100644
--- a/CHANGELOG.rst
+++ b/CHANGELOG.rst
@@ -2,6 +2,17 @@
 Changelog
 =========
 
+8.12.1 (2024-01-30)
+-------------------
+
+Fixed
+^^^^^
+
+* Fix missing value support for XGBRanker (`#654`_)
+
+.. _#654: https://github.com/elastic/eland/pull/654
+
+
 8.12.0 (2024-01-18)
 -------------------
 
diff --git a/eland/_version.py b/eland/_version.py
index ef6a44e..a1781a9 100644
--- a/eland/_version.py
+++ b/eland/_version.py
@@ -18,7 +18,7 @@
 __title__ = "eland"
 __description__ = "Python Client and Toolkit for DataFrames, Big Data, Machine Learning and ETL in Elasticsearch"
 __url__ = "https://github.com/elastic/eland"
-__version__ = "8.12.0"
+__version__ = "8.12.1"
 __author__ = "Steve Dodson"
 __author_email__ = "steve.dodson@elastic.co"
 __maintainer__ = "Elastic Client Library Maintainers"