diff --git a/CHANGELOG.md b/CHANGELOG.md
index 48377b3..6054720 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -3,6 +3,12 @@
 ## Unreleased
 
 
+## [1.2.4]
+
+- Replace erubi with the Ruby standard library ERB; the erubi runtime dependency is gone
+- Consolidate the legacy changelog into this CHANGELOG.md
+- Remove the dead AppVeyor CI configuration
+
 ## [1.2.3]
 
 - Fix encoding corruptions
diff --git a/VERSION b/VERSION
index 0495c4a..e8ea05d 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-1.2.3
+1.2.4