diff --git a/.gitignore b/.gitignore
index a6d0c51..e694efb 100644
--- a/.gitignore
+++ b/.gitignore
@@ -15,3 +15,4 @@
 /elixir-0.12.0.tar.gz
 /elixir-0.12.1.tar.gz
 /elixir-0.12.2.tar.gz
+/elixir-0.12.3.tar.gz
diff --git a/elixir.spec b/elixir.spec
index 1b0c650..8c61f76 100644
--- a/elixir.spec
+++ b/elixir.spec
@@ -1,6 +1,6 @@
 Name:           elixir
-Version:        0.12.2
-Release:        2%{?dist}
+Version:        0.12.3
+Release:        1%{?dist}
 Summary:        A modern approach to programming for the Erlang VM 
 
 Group:          Development/Languages
@@ -55,6 +55,9 @@ ln -s %{_datadir}/%{name}/%{version}/bin/{elixir,elixirc,iex,mix} %{buildroot}/%
 %{_datadir}/%{name}
 
 %changelog
+* Tue Feb 4 2014 Ricky Elrod <codeblock@fedoraproject.org> - 0.12.3-1
+- Update to upstream 0.12.3.
+
 * Sun Jan 19 2014 Ricky Elrod <codeblock@fedoraproject.org> - 0.12.2-2
 - Remove patch that is no longer needed.
 
diff --git a/sources b/sources
index 4ba342c..7cc0f8b 100644
--- a/sources
+++ b/sources
@@ -1 +1 @@
-c822527c0547f3a347413d9b0d857b81  elixir-0.12.2.tar.gz
+44fa2703cc37f7cd9a1ff4a2db6d5aff  elixir-0.12.3.tar.gz