diff --git a/README.md b/README.md
index 34717aec9f..e916b3063d 100644
--- a/README.md
+++ b/README.md
@@ -28,7 +28,7 @@ Fresco supports Android 2.3 (Gingerbread) and later.
 If you are building with Gradle, simply add the following line to the `dependencies` section of your `build.gradle` file:
 
 ```groovy
-compile 'com.facebook.fresco:fresco:0.11.0'
+compile 'com.facebook.fresco:fresco:0.12.0'
 ```
 
 For full details, visit the documentation on our web site, available in English, Chinese, and Korean:
diff --git a/gradle.properties b/gradle.properties
index 8d776c6b4b..d86795f511 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -18,7 +18,7 @@
 # org.gradle.parallel=true
 
 target=10
-VERSION_NAME=0.11.0
+VERSION_NAME=0.12.0
 GROUP=com.facebook.fresco
 
 # Deps for gradle