diff --git a/CHANGELOG.md b/CHANGELOG.md
index 4bbc02a9..74fdc446 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,4 @@
+## 3.12.0 ##
 * Supported service account key from memory, additional to file path
 
 ## 3.11.4 ##
diff --git a/setup.py b/setup.py
index dd59bda4..6bf40b16 100644
--- a/setup.py
+++ b/setup.py
@@ -13,7 +13,7 @@
 
 setuptools.setup(
     name="ydb",
-    version="3.11.4",  # AUTOVERSION
+    version="3.12.0",  # AUTOVERSION
     description="YDB Python SDK",
     author="Yandex LLC",
     author_email="ydb@yandex-team.ru",
diff --git a/ydb/ydb_version.py b/ydb/ydb_version.py
index b3b3b4cb..7ce5c1b8 100644
--- a/ydb/ydb_version.py
+++ b/ydb/ydb_version.py
@@ -1 +1 @@
-VERSION = "3.11.4"
+VERSION = "3.12.0"