diff --git a/build.gradle b/build.gradle
index ea0ce323..881ec3bb 100644
--- a/build.gradle
+++ b/build.gradle
@@ -16,7 +16,7 @@
 buildscript {
 
     ext {
-        es_version = System.getProperty("es.version", "7.2.0")
+        es_version = System.getProperty("es.version", "7.2.1")
     }
     // This isn't applying from repositories.gradle so repeating it here
     repositories {
@@ -34,7 +34,7 @@ plugins {
 }
 
 ext {
-    opendistroVersion = '1.2.0'
+    opendistroVersion = '1.2.1'
     isSnapshot = "true" == System.getProperty("build.snapshot", "true")
 }
 
diff --git a/release-notes b/release-notes
index 185b86eb..a53ca5c2 100644
--- a/release-notes
+++ b/release-notes
@@ -1,3 +1,7 @@
+## Version 1.2.1 (Version compatible with elasticsearch 7.2.1)
+## New Features
+This is the release of the Open Distro Performance Analyzer that will work with elasticsearch 7.2.1
+
 ## Version 1.2.0 (Version compatible with elasticsearch 7.2.0)
 ## New Features
 This is the release of the Open Distro Performance Analyzer that will work with elasticsearch 7.2.0