diff --git a/CHANGES.rst b/CHANGES.rst
index 988e571..f66ee53 100644
--- a/CHANGES.rst
+++ b/CHANGES.rst
@@ -4,6 +4,9 @@ CHANGES
 tip (unreleased)
 ----------------
 
+1.2.0 (2013.01.27)
+------------------
+
 - Moved primary development from `Bitbucket`_ to `GitHub`_. Bitbucket mirror
   will continue to receive updates; Bitbucket issue tracker will be closed once
   all issues tracked in it are resolved.
diff --git a/setup.py b/setup.py
index e8614e7..1738102 100644
--- a/setup.py
+++ b/setup.py
@@ -1,32 +1,14 @@
 from setuptools import setup, find_packages
-import subprocess
-import os.path
 
-try:
-    # don't get confused if our sdist is unzipped in a subdir of some 
-    # other hg repo
-    if os.path.isdir('.hg'):
-        p = subprocess.Popen(['hg', 'parents', r'--template={rev}\n'],
-                             stdout=subprocess.PIPE, stderr=subprocess.PIPE)
-        if not p.returncode:
-            fh = open('HGREV', 'w')
-            fh.write(p.communicate()[0].splitlines()[0])
-            fh.close()
-except (OSError, IndexError):
-    pass
-    
-try:
-    hgrev = open('HGREV').read()
-except IOError:
-    hgrev = ''
-    
-long_description = (open('README.rst').read() + 
+
+long_description = (open('README.rst').read() +
                     open('CHANGES.rst').read() +
                     open('TODO.rst').read())
 
+
 setup(
     name='django-model-utils',
-    version='1.1.0.post%s' % hgrev,
+    version='1.2.0',
     description='Django model mixins and utilities',
     long_description=long_description,
     author='Carl Meyer',