diff --git a/.gitignore b/.gitignore
index f4fc043..24b319c 100644
--- a/.gitignore
+++ b/.gitignore
@@ -3,3 +3,4 @@
 /babeltrace-1.0.3.tar.bz2
 /babeltrace-1.1.0.tar.bz2
 /babeltrace-1.1.1.tar.bz2
+/babeltrace-1.2.0.tar.bz2
diff --git a/babeltrace-1.1.0-nopoptpc.patch b/babeltrace-1.1.0-nopoptpc.patch
deleted file mode 100644
index 77f2f78..0000000
--- a/babeltrace-1.1.0-nopoptpc.patch
+++ /dev/null
@@ -1,12 +0,0 @@
-diff -up babeltrace-1.1.0/babeltrace.pc.in.orig babeltrace-1.1.0/babeltrace.pc.in
---- babeltrace-1.1.0/babeltrace.pc.in.orig	2013-05-28 15:13:42.257000000 -0400
-+++ babeltrace-1.1.0/babeltrace.pc.in	2013-05-28 15:13:49.529000000 -0400
-@@ -8,7 +8,7 @@ Description: libbabeltrace provides a re
- Common Trace Format (CTF).
- Version: @PACKAGE_VERSION@
- Requires:
--Requires.private: uuid popt
-+Requires.private: uuid
- Libs: -L${libdir} -lbabeltrace -lbabeltrace-ctf
- Cflags: -I${includedir} 
- 
diff --git a/babeltrace.spec b/babeltrace.spec
index d57962e..900a4b0 100644
--- a/babeltrace.spec
+++ b/babeltrace.spec
@@ -1,6 +1,6 @@
 Name:           babeltrace
-Version:        1.1.1
-Release:        3%{?dist}
+Version:        1.2.0
+Release:        1%{?dist}
 License:        MIT and GPLv2
 URL:            http://www.efficios.com/babeltrace
 Source0:        http://www.efficios.com/files/%{name}/%{name}-%{version}.tar.bz2
@@ -8,8 +8,6 @@ Group:          Development/Tools
 Summary:        Trace Viewer and Converter, mainly for the Common Trace Format
 BuildRequires:  pkgconfig bison flex glib2-devel popt-devel libuuid-devel libtool
 Requires:       lib%{name}%{?_isa} = %{version}-%{release}
-# The fedora popt package does not include the pkg-config file
-Patch0: 	babeltrace-1.1.0-nopoptpc.patch 
 
 %description
 This project provides trace read and write libraries, as well as a trace
@@ -44,7 +42,6 @@ to/from another trace format.
 
 %prep
 %setup -q -n %{name}-%{version}
-%patch0 -p1
 
 %build
 #Re-run libtoolize and autoreconf to remove rpath
@@ -78,8 +75,14 @@ rm -vf %{buildroot}%{_libdir}/*.la
 %{_prefix}/include/*
 %{_libdir}/*.so
 %{_libdir}/pkgconfig/babeltrace.pc
+%{_libdir}/pkgconfig/babeltrace-ctf.pc
 
 %changelog
+* Sat Mar 01 2014 Suchakra Sharma <suchakra@fedoraproject.org> - 1.2.0-1
+- New upstream release
+- Popt patch for babeltrace.pc.in removed. Its fixed in Fedora now
+- Add new file (babeltrace-ctf.pc)
+
 * Mon Aug 05 2013 Yannick Brosseau <yannick.brosseau@gmail.com> - 1.1.1-3
 - Remove reference to versionned docdir (#992011)
 
diff --git a/sources b/sources
index 5de08e3..07ce8d1 100644
--- a/sources
+++ b/sources
@@ -1 +1 @@
-15cf79cb2407a75874e41c9e7658f987  babeltrace-1.1.1.tar.bz2
+104793ae3576ad9d1ef7d505f0ea5144  babeltrace-1.2.0.tar.bz2