diff --git a/configure.ac b/configure.ac
index 71f2227..ad9b8d2 100644
--- a/configure.ac
+++ b/configure.ac
@@ -95,7 +95,7 @@ AC_PREREQ([2.69])
 # in source files.
 #
 # Set pkg_version for a default hard-coded version number.
-m4_define(pkg_version, 1.1.1)
+m4_define(pkg_version, 1.2.0)
 
 AC_INIT([gnulib Install Script], m4_esyscmd([ \
 	git describe --always 1>/dev/null 2>/dev/null \