diff --git a/nsh-version.mk b/nsh-version.mk
index e4340eb..02a7186 100644
--- a/nsh-version.mk
+++ b/nsh-version.mk
@@ -1,9 +1,9 @@
 # NSH_RELEASE is only set to "Yes" in a release tarball
 NSH_RELEASE=No
 
-# Version number of the next upcoming release.
-# Should be cranked immediately after publishing a release.
-NSH_VERSION_NUMBER=1.2
+# Version number of the most recently published release.
+# Should be cranked immediately before publishing a new release.
+NSH_VERSION_NUMBER=1.1
 
 .if ${NSH_RELEASE} == Yes
 NSH_VERSION=${NSH_VERSION_NUMBER}