diff --git a/CHANGELOG.md b/CHANGELOG.md
index c0b58b284..ac19953b3 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,10 @@
 # Changelog
 
+## 0.1.2
+- Exposed the top level `watch` function. This can be used to watch the file
+  system and run incremental rebuilds on changes.
+  - Initial build is still non-incremental.
+
 ## 0.1.1
 
 - Exposed the top level `build` function. This can be used to run builds.
diff --git a/pubspec.yaml b/pubspec.yaml
index 73776f2d6..1b2d5674d 100644
--- a/pubspec.yaml
+++ b/pubspec.yaml
@@ -1,5 +1,5 @@
 name: build
-version: 0.1.1
+version: 0.1.2
 description: A build system for Dart.
 author: Dart Team <misc@dartlang.org>
 homepage: https://github.com/dart-lang/build