diff --git a/NEWS b/NEWS
index 5b95bb4f25b90a62f28ffb94b7a40a9a5a91e705..21b3fc03c6bde7ecee9de63d50aea97a9eca66ee 100644
--- a/NEWS
+++ b/NEWS
@@ -1,3 +1,17 @@
+Version 1.2.2
+  - fix β€˜gnt-instance modify’ breakage introduced in 1.2.1 with the HVM
+    support (issue 23)
+  - add command aliases infrastructure and a few aliases
+  - allow listing of VCPUs in the gnt-instance list and improve the man
+    pages and the --help option of gnt-node/gnt-instance list
+  - fix gnt-backup list with down nodes (issue 21)
+  - change the tools location (move from $pkgdatadir to
+    $pkglibdir/tools)
+  - fix the dist archive and add a check for including svn/git files in
+    the future
+  - some developer-related changes: improve the burnin and the QA
+    suite, add an upload script for testing during development
+
 Version 1.2.1
   - experimental HVM support, read the install document, section
     "Initializing the cluster"
diff --git a/configure.ac b/configure.ac
index 857bb2cbb67a6bd2379b1eb4ea02b33e8acdffc6..0674e7e923789ceede02a594ee41a4e4c1155404 100644
--- a/configure.ac
+++ b/configure.ac
@@ -1,6 +1,6 @@
 # Configure script for Ganeti
 AC_PREREQ(2.59)
-AC_INIT(ganeti, 1.2.1, ganeti@googlegroups.com)
+AC_INIT(ganeti, 1.2.2, ganeti@googlegroups.com)
 AC_CONFIG_AUX_DIR(autotools)
 AC_CONFIG_SRCDIR(configure)
 AM_INIT_AUTOMAKE([foreign tar-ustar])
diff --git a/doc/install.sgml b/doc/install.sgml
index 2bae4e3f13c58279642ad69f528cb96e56eea7d4..44bcb389b77d441e15bd4e484c304c0b6fe3a68f 100644
--- a/doc/install.sgml
+++ b/doc/install.sgml
@@ -623,8 +623,8 @@ vgextend xenvg /dev/sdd1
       </para>
 
         <screen>
-tar xvzf ganeti-1.2.1.tar.gz
-cd ganeti-1.2.1
+tar xvzf ganeti-1.2.2.tar.gz
+cd ganeti-1.2.2
 ./configure --localstatedir=/var --sysconfdir=/etc
 make
 make install