diff --git a/CHANGELOG.md b/CHANGELOG.md
index 87991671..5d6ebef5 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -4,9 +4,11 @@ Changelog
 NOTE: isort follows the [semver](https://semver.org/) versioning standard.
 Find out more about isort's release policy [here](https://pycqa.github.io/isort/docs/major_releases/release_policy).
 
-### 5.11.5 January 28 2022
+### 5.12.0 January 28 2022
 
-  - hotfix for poetry incompatibility
+  - Removed support for Python 3.7
+  - Fixed incompatiblity with latest poetry version
+  - Added support for directory limitations within built in git hook
 
 ### 5.11.4 December 21 2022
 
diff --git a/pyproject.toml b/pyproject.toml
index b8b45857..576d33b3 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -3,7 +3,7 @@ line-length = 100
 
 [tool.poetry]
 name = "isort"
-version = "5.11.5"
+version = "5.12.0"
 description = "A Python utility / library to sort Python imports."
 authors = ["Timothy Crosley <timothy.crosley@gmail.com>"]
 license = "MIT"