diff --git a/.gitignore b/.gitignore
index 28d82a3..c9ad98e 100644
--- a/.gitignore
+++ b/.gitignore
@@ -26,3 +26,4 @@ freeipmi-0.8.8.tar.gz
 /freeipmi-1.2.4.tar.gz
 /freeipmi-1.2.5.tar.gz
 /freeipmi-1.2.6.tar.gz
+/freeipmi-1.2.7.tar.gz
diff --git a/freeipmi.spec b/freeipmi.spec
index fa6ebc5..02437cc 100644
--- a/freeipmi.spec
+++ b/freeipmi.spec
@@ -2,8 +2,8 @@
 # Copyright (c) 2003 FreeIPMI Core Team
 
 Name:             freeipmi
-Version:          1.2.6
-Release:          2%{?dist}
+Version:          1.2.7
+Release:          1%{?dist}
 Summary:          IPMI remote console and system management software
 License:          GPLv3+
 Group:            Applications/System
@@ -346,6 +346,10 @@ fi
 %dir %{_localstatedir}/cache/ipmiseld
 
 %changelog
+* Mon May 20 2013 Ales Ledvinka <aledvink@redhat.com> - 1.2.7-1
+- Updated to freeipmi-1.2.7
+ - Fix sensor output errors with OEM sensors.
+
 * Fri May 17 2013 Ales Ledvinka <aledvink@redhat.com> - 1.2.6-2
  - spec update by Christopher Meng <rpm@cicku.me>
  - hardened build flags should include PIE also for bmc-watchdog.
diff --git a/sources b/sources
index 36a7f7b..e6a5fb7 100644
--- a/sources
+++ b/sources
@@ -1 +1 @@
-edee3dc6508bba46c3e181eb1b1cd7c4  freeipmi-1.2.6.tar.gz
+bf99f0a33408a32c10c643805d27049e  freeipmi-1.2.7.tar.gz