diff --git a/README.md b/README.md
index d415015d70..274ed16883 100644
--- a/README.md
+++ b/README.md
@@ -7,12 +7,16 @@ Master: [![Build Status](https://api.travis-ci.org/zendframework/zf1.png?branch=
 RELEASE INFORMATION
 ===================
 
-Zend Framework 1.12.11dev Release.
-Released on MMMMM DD, YYYY.
+Zend Framework 1.12.11 Release.
+Released on February 11, 2015.
 
 IMPORTANT FIXES FOR 1.12.11
 ---------------------------
 
+- [#440](https://github.com/zendframework/zf1/issue/506) provides a patch that
+  fixes a bug introduced in 1.12.10 with regards to how the view renderer
+  controller helper resolves a controller's name.
+
 See http://framework.zend.com/changelog for full details.
 
 NEW FEATURES
diff --git a/library/Zend/Version.php b/library/Zend/Version.php
index 0d8bfdf229..8584a09f52 100644
--- a/library/Zend/Version.php
+++ b/library/Zend/Version.php
@@ -32,7 +32,7 @@ final class Zend_Version
     /**
      * Zend Framework version identification - see compareVersion()
      */
-    const VERSION = '1.12.11dev';
+    const VERSION = '1.12.11';
 
     /**
      * The latest stable version Zend Framework available