diff --git a/CHANGES.rst b/CHANGES.rst
index a98401f..a21142a 100644
--- a/CHANGES.rst
+++ b/CHANGES.rst
@@ -3,6 +3,13 @@ Changes
 =======
 
 
+5.0.12 (2019-08-05)
+-------------------
+
+- Support callables for ``AXES_COOLOFF_TIME`` setting.
+  [DariaPlotnikova]
+
+
 5.0.11 (2019-07-25)
 -------------------
 
diff --git a/axes/__init__.py b/axes/__init__.py
index 40c80f4..fccad89 100644
--- a/axes/__init__.py
+++ b/axes/__init__.py
@@ -1,4 +1,4 @@
-__version__ = '5.0.11'
+__version__ = '5.0.12'
 
 default_app_config = 'axes.apps.AppConfig'