diff --git a/CHANGES b/CHANGES
index c69fd113..f642abc1 100644
--- a/CHANGES
+++ b/CHANGES
@@ -2,6 +2,15 @@ Flask Changelog
 ===============
 
 
+Version 0.12.5
+--------------
+
+Released on February 10 2020
+
+-   Pin Werkzeug to < 1.0.0.  (`#3497`_)
+
+.. _#3497: https://github.com/pallets/flask/issues/3497
+
 Version 0.12.4
 --------------