diff --git a/CHANGELOG.md b/CHANGELOG.md
index 3fdb22bf5..121b5d83b 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,46 @@
 # Changelog
 
+## 0.2.12
+
+### Enhancements
+
+- Allow specific `--only-binary` and `--no-binary` packages to override `:all:` ([#4067](https://github.com/astral-sh/uv/pull/4067))
+- Flatten ORs and ANDs in marker construction ([#4260](https://github.com/astral-sh/uv/pull/4260))
+- Skip invalid interpreters when searching for requested interpreter executable name ([#4308](https://github.com/astral-sh/uv/pull/4308))
+- Display keyring stderr during queries ([#4343](https://github.com/astral-sh/uv/pull/4343))
+- Allow discovery of uv binary relative to package root ([#4336](https://github.com/astral-sh/uv/pull/4336))
+
+### Enhancements
+
+- Use relative path for `lib64` symlink ([#4268](https://github.com/astral-sh/uv/pull/4268))
+
+### CLI
+
+- Add uv version to debug output ([#4259](https://github.com/astral-sh/uv/pull/4259))
+- Allow `--no-binary` with `uv pip compile` ([#4301](https://github.com/astral-sh/uv/pull/4301))
+- Hide `--no-system` from the CLI ([#4292](https://github.com/astral-sh/uv/pull/4292))
+- Make `--reinstall`, `--upgrade`, and `--refresh` shared arguments ([#4319](https://github.com/astral-sh/uv/pull/4319))
+
+### Configuration
+
+- Add `UV_EXCLUDE_NEWER` environment variable ([#4287](https://github.com/astral-sh/uv/pull/4287))
+
+### Bug fixes
+
+- Allow normalization to completely eliminate markers ([#4271](https://github.com/astral-sh/uv/pull/4271))
+- Avoid treating direct path archives as always dynamic ([#4283](https://github.com/astral-sh/uv/pull/4283))
+- De-duplicate markers during normalization ([#4263](https://github.com/astral-sh/uv/pull/4263))
+- Fix incorrect parsing of requested Python version as empty version specifiers ([#4289](https://github.com/astral-sh/uv/pull/4289))
+- Suggest correct command to create a virtual environment when encountering externally managed interpreters ([#4314](https://github.com/astral-sh/uv/pull/4314))
+- Use consistent order for extra groups in lockfile ([#4275](https://github.com/astral-sh/uv/pull/4275))
+
+### Documentation
+
+- Add `pip-compile` defaults to `PIP_COMPATIBILITY.md` ([#4302](https://github.com/astral-sh/uv/pull/4302))
+- Expand on `pip-compile` default differences ([#4306](https://github.com/astral-sh/uv/pull/4306))
+- Tweak copy on some command-line arguments ([#4293](https://github.com/astral-sh/uv/pull/4293))
+- Move the preview changelog so the GitHub Release shows stable changes ([#4290](https://github.com/astral-sh/uv/pull/4290))
+
 ## 0.2.11
 
 ### Enhancements
@@ -192,7 +233,7 @@ requested version, skipping interpreters that are broken or do not satisfy the r
 
 Additionally, uv now allows requests for interpreter implementations such as `pypy` and `cpython`. For example,
 the request `--python cpython` will ignore a `python` executable that's implemented by `pypy`. These requests may
-also include a version, e.g., `--python pypy@3.10`. By default, uv will accept *any* interpreter implementation.
+also include a version, e.g., `--python pypy@3.10`. By default, uv will accept _any_ interpreter implementation.
 
 In summary, the following Python interpreter requests are now allowed:
 
@@ -210,7 +251,7 @@ To align the user expectations, uv now respects the interpreter that starts it.
 now prefer the `python` interpreter that was used to start uv instead of searching for a virtual environment.
 
 We now check if discovered interpreters are virtual environments. This means that setting `VIRTUAL_ENV` to a Python
-installation directory that is *not* a virtual environment will no longer work. Instead, use `--system` or `--python <path>`
+installation directory that is _not_ a virtual environment will no longer work. Instead, use `--system` or `--python <path>`
 to request the interpreter.
 
 ### Enhancements
diff --git a/Cargo.lock b/Cargo.lock
index 4d552aed4..6b5870966 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -4418,7 +4418,7 @@ checksum = "a183cf7feeba97b4dd1c0d46788634f6221d87fa961b305bed08c851829efcc0"
 
 [[package]]
 name = "uv"
-version = "0.2.11"
+version = "0.2.12"
 dependencies = [
  "anstream",
  "anyhow",
@@ -5043,7 +5043,7 @@ dependencies = [
 
 [[package]]
 name = "uv-version"
-version = "0.2.11"
+version = "0.2.12"
 
 [[package]]
 name = "uv-virtualenv"
diff --git a/PREVIEW-CHANGELOG.md b/PREVIEW-CHANGELOG.md
index 258d67eae..63361579a 100644
--- a/PREVIEW-CHANGELOG.md
+++ b/PREVIEW-CHANGELOG.md
@@ -1,5 +1,32 @@
 # Changelog
 
+## 0.2.12
+
+### Preview features
+
+- Add `--force` option to `uv toolchain install` ([#4313](https://github.com/astral-sh/uv/pull/4313))
+- Add `--no-build`, `--no-build-package`, and binary variants ([#4322](https://github.com/astral-sh/uv/pull/4322))
+- Add `EXTERNALLY-MANAGED` markers to managed toolchains ([#4312](https://github.com/astral-sh/uv/pull/4312))
+- Add `uv toolchain find` ([#4206](https://github.com/astral-sh/uv/pull/4206))
+- Add persistent configuration for non-`pip` APIs ([#4294](https://github.com/astral-sh/uv/pull/4294))
+- Add support for adding/removing development dependencies ([#4327](https://github.com/astral-sh/uv/pull/4327))
+- Add support for listing system toolchains ([#4172](https://github.com/astral-sh/uv/pull/4172))
+- Add support for toolchain requests by key ([#4332](https://github.com/astral-sh/uv/pull/4332))
+- Allow multiple toolchains to be requested in `uv toolchain install` ([#4334](https://github.com/astral-sh/uv/pull/4334))
+- Fix relative and absolute path handling in lockfiles ([#4266](https://github.com/astral-sh/uv/pull/4266))
+- Load configuration options from workspace root ([#4295](https://github.com/astral-sh/uv/pull/4295))
+- Omit project name from workspace errors ([#4299](https://github.com/astral-sh/uv/pull/4299))
+- Read Python version files during toolchain installs ([#4335](https://github.com/astral-sh/uv/pull/4335))
+- Remove extraneous installations in `uv sync` by default ([#4366](https://github.com/astral-sh/uv/pull/4366))
+- Respect `requires-python` in `uv lock` ([#4282](https://github.com/astral-sh/uv/pull/4282))
+- Respect workspace-wide `requires-python` in interpreter selection ([#4298](https://github.com/astral-sh/uv/pull/4298))
+- Support unnamed requirements in `uv add` ([#4326](https://github.com/astral-sh/uv/pull/4326))
+- Use portable slash paths in lockfile ([#4324](https://github.com/astral-sh/uv/pull/4324))
+- Use registry URL for fetching source distributions from lockfile ([#4280](https://github.com/astral-sh/uv/pull/4280))
+- `uv sync --no-clean` ([#4367](https://github.com/astral-sh/uv/pull/4367))
+- Filter dependencies by tracking markers on resolver forks ([#4339](https://github.com/astral-sh/uv/pull/4339))
+- Use `Requires-Python` to filter dependencies during universal resolution ([#4273](https://github.com/astral-sh/uv/pull/4273))
+
 ## 0.2.11
 
 ### Preview features
@@ -90,7 +117,6 @@
 
 <!-- No changes -->
 
-
 ## 0.2.3
 
 ### Preview features
@@ -101,7 +127,6 @@
 
 <!-- No changes -->
 
-
 ## 0.2.1
 
 ### Preview features
@@ -138,7 +163,6 @@
 
 <!-- No changes -->
 
-
 ## 0.1.43
 
 ### Preview features
@@ -160,7 +184,6 @@
 
 <!-- No changes -->
 
-
 ## 0.1.40
 
 ### Preview features
diff --git a/README.md b/README.md
index cf29371ea..8d91434a9 100644
--- a/README.md
+++ b/README.md
@@ -53,8 +53,8 @@ curl -LsSf https://astral.sh/uv/install.sh | sh
 powershell -c "irm https://astral.sh/uv/install.ps1 | iex"
 
 # For a specific version.
-curl -LsSf https://astral.sh/uv/0.2.11/install.sh | sh
-powershell -c "irm https://astral.sh/uv/0.2.11/install.ps1 | iex"
+curl -LsSf https://astral.sh/uv/0.2.12/install.sh | sh
+powershell -c "irm https://astral.sh/uv/0.2.12/install.ps1 | iex"
 
 # With pip.
 pip install uv
diff --git a/crates/uv-version/Cargo.toml b/crates/uv-version/Cargo.toml
index 142e93285..667341a27 100644
--- a/crates/uv-version/Cargo.toml
+++ b/crates/uv-version/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "uv-version"
-version = "0.2.11"
+version = "0.2.12"
 edition = { workspace = true }
 rust-version = { workspace = true }
 homepage = { workspace = true }
diff --git a/crates/uv/Cargo.toml b/crates/uv/Cargo.toml
index d0882afc4..ec5a045f8 100644
--- a/crates/uv/Cargo.toml
+++ b/crates/uv/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "uv"
-version = "0.2.11"
+version = "0.2.12"
 edition = { workspace = true }
 rust-version = { workspace = true }
 homepage = { workspace = true }
diff --git a/pyproject.toml b/pyproject.toml
index 299612937..7fedd0d27 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -4,7 +4,7 @@ build-backend = "maturin"
 
 [project]
 name = "uv"
-version = "0.2.11"
+version = "0.2.12"
 description = "An extremely fast Python package installer and resolver, written in Rust."
 authors = [{ name = "Astral Software Inc.", email = "hey@astral.sh" }]
 requires-python = ">=3.8"