diff --git a/lib/v8/version.rb b/lib/v8/version.rb
index e41dc950..1429ba15 100644
--- a/lib/v8/version.rb
+++ b/lib/v8/version.rb
@@ -1,3 +1,3 @@
 module V8
-  VERSION = "0.12.1"
+  VERSION = "0.12.2"
 end
diff --git a/therubyracer.gemspec b/therubyracer.gemspec
index 5a6ace7d..77f50b9f 100644
--- a/therubyracer.gemspec
+++ b/therubyracer.gemspec
@@ -18,5 +18,5 @@ Gem::Specification.new do |gem|
   gem.license       = 'MIT'
 
   gem.add_dependency 'ref'
-  gem.add_dependency 'libv8', '~> 3.16.14.0'
+  gem.add_dependency 'libv8', '~> 3.16.14.4'
 end