diff --git a/NEWS b/NEWS
index 5702229b..c2c13552 100644
--- a/NEWS
+++ b/NEWS
@@ -1,3 +1,6 @@
+1.2.1.dev0
+ *
+
 1.2.0
  * #61: Support for Borg --list option via borgmatic command-line to list all archives.
  * #61: Support for Borg --info option via borgmatic command-line to display summary information.
diff --git a/setup.py b/setup.py
index 1d31377c..620b8e4d 100644
--- a/setup.py
+++ b/setup.py
@@ -1,7 +1,7 @@
 from setuptools import setup, find_packages
 
 
-VERSION = '1.2.0'
+VERSION = '1.2.1.dev0'
 
 
 setup(