diff --git a/README.md b/README.md
index bc2648a8..093fb293 100644
--- a/README.md
+++ b/README.md
@@ -46,4 +46,4 @@ https://developer.android.com/studio/command-line/bundletool
 
 ## Releases
 
-Latest release: [1.11.3](https://github.com/google/bundletool/releases)
+Latest release: [1.12.0](https://github.com/google/bundletool/releases)
diff --git a/gradle.properties b/gradle.properties
index 844ce8d4..cb75a46f 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -1 +1 @@
-release_version = 1.11.3
+release_version = 1.12.0
diff --git a/src/main/java/com/android/tools/build/bundletool/archive/drawable/README.md b/src/main/java/com/android/tools/build/bundletool/archive/drawable/README.md
new file mode 100644
index 00000000..5a214406
--- /dev/null
+++ b/src/main/java/com/android/tools/build/bundletool/archive/drawable/README.md
@@ -0,0 +1,2 @@
+These resources are needed when building the archived app
+
diff --git a/src/main/java/com/android/tools/build/bundletool/model/version/BundleToolVersion.java b/src/main/java/com/android/tools/build/bundletool/model/version/BundleToolVersion.java
index b6c3910e..d208b8de 100644
--- a/src/main/java/com/android/tools/build/bundletool/model/version/BundleToolVersion.java
+++ b/src/main/java/com/android/tools/build/bundletool/model/version/BundleToolVersion.java
@@ -26,7 +26,7 @@
  */
 public final class BundleToolVersion {
 
-  private static final String CURRENT_VERSION = "1.11.3";
+  private static final String CURRENT_VERSION = "1.12.0";
 
   /** Returns the version of BundleTool being run. */
   public static Version getCurrentVersion() {
diff --git a/src/main/resources/com/android/tools/build/bundletool/archive/drawable/opacity_layer_xml.pb b/src/main/resources/com/android/tools/build/bundletool/archive/drawable/opacity_layer_xml.pb
index 4bdc1253..307ac908 100644
Binary files a/src/main/resources/com/android/tools/build/bundletool/archive/drawable/opacity_layer_xml.pb and b/src/main/resources/com/android/tools/build/bundletool/archive/drawable/opacity_layer_xml.pb differ