diff --git a/CHANGELOG b/CHANGELOG
index d526650ae..93cae7e98 100644
--- a/CHANGELOG
+++ b/CHANGELOG
@@ -1,5 +1,5 @@
 Version 1.3.0
-    * not released yet
+    * released 11 July 2012
     * new Ukrainian translation
     * new plugins: GreaseMonkey and PIM (Personal Information Manager)
     * new command line option to open new window with url
diff --git a/README.md b/README.md
index 10df1b828..94448312d 100644
--- a/README.md
+++ b/README.md
@@ -58,7 +58,7 @@ You need to specify path to `macdeployqt` only if it is not in PATH.
 Current version
 ----------------------------------------------------------------------------------------
 
-The current released version of QupZilla is 1.2.0. You can download precompiled packages
+The current released version of QupZilla is 1.3.0. You can download precompiled packages
 and the sources from the download section at [homepage](http://www.qupzilla.com/download).
 However, if you want the latest revision, just take the latest code snapshot either by
 downloading a tarball or running:
diff --git a/src/lib/app/profileupdater.cpp b/src/lib/app/profileupdater.cpp
index 5d0839305..3168285c3 100644
--- a/src/lib/app/profileupdater.cpp
+++ b/src/lib/app/profileupdater.cpp
@@ -72,6 +72,7 @@ void ProfileUpdater::updateProfile(const QString &current, const QString &profil
         update100rc1();
         update100();
         update118();
+        update120();
         return;
     }
 
@@ -79,27 +80,37 @@ void ProfileUpdater::updateProfile(const QString &current, const QString &profil
         update100rc1();
         update100();
         update118();
+        update120();
         return;
     }
 
     if (profileVersion == Updater::parseVersionFromString("1.0.0")) {
         update100();
         update118();
+        update120();
         return;
     }
 
     if (profileVersion == Updater::parseVersionFromString("1.1.0")) {
-        // Do nothing, nothing changed
+        update118();
+        update120();
         return;
     }
 
     if (profileVersion == Updater::parseVersionFromString("1.1.5")) {
-        // Do nothing, nothing changed
+        update118();
+        update120();
         return;
     }
 
     if (profileVersion == Updater::parseVersionFromString("1.1.8")) {
         update118();
+        update120();
+        return;
+    }
+
+    if (profileVersion == Updater::parseVersionFromString("1.2.0")) {
+        update120();
         return;
     }
 
@@ -150,7 +161,6 @@ void ProfileUpdater::update100rc1()
 
     query.exec("ALTER TABLE bookmarks ADD COLUMN toolbar_position NUMERIC");
     query.exec("UPDATE bookmarks SET toolbar_position=0");
-
 }
 
 void ProfileUpdater::update100()
@@ -171,3 +181,24 @@ void ProfileUpdater::update118()
     QSqlQuery query;
     query.exec("ALTER TABLE folders ADD COLUMN parent TEXT");
 }
+
+void ProfileUpdater::update120()
+{
+    std::cout << "QupZilla: Upgrading profile version from 1.2.0..." << std::endl;
+    mApp->connectDatabase();
+
+    QSqlDatabase db = QSqlDatabase::database();
+    db.transaction();
+
+    // This is actually just renaming bookmarks.toolbar_position to bookmarks.position
+    QSqlQuery query;
+    query.exec("ALTER TABLE bookmarks RENAME TO tmp_bookmarks");
+    query.exec("CREATE TABLE bookmarks (icon TEXT, folder TEXT, id INTEGER PRIMARY KEY, title VARCHAR(200), url VARCHAR(200), position NUMERIC)");
+    query.exec("INSERT INTO bookmarks(icon, folder, id, title, url, position)"
+               "SELECT icon, folder, id, title, url, toolbar_position FROM tmp_bookmarks");
+    query.exec("DROP TABLE tmp_bookmarks");
+    query.exec("CREATE INDEX bookmarksTitle ON bookmarks(title ASC)");
+    query.exec("CREATE INDEX bookmarksUrl ON bookmarks(url ASC)");
+
+    db.commit();
+}
diff --git a/src/lib/app/profileupdater.h b/src/lib/app/profileupdater.h
index 3d38e0e73..e95ceadea 100644
--- a/src/lib/app/profileupdater.h
+++ b/src/lib/app/profileupdater.h
@@ -36,6 +36,7 @@ private:
     void update100rc1();
     void update100();
     void update118();
+    void update120();
 
     QString m_profilePath;
 };
diff --git a/src/lib/app/qupzilla.cpp b/src/lib/app/qupzilla.cpp
index 1aec2b5d7..e9b5a4201 100644
--- a/src/lib/app/qupzilla.cpp
+++ b/src/lib/app/qupzilla.cpp
@@ -79,7 +79,7 @@
 #include <QWebHistory>
 #include <QMessageBox>
 
-const QString QupZilla::VERSION = "1.2.0";
+const QString QupZilla::VERSION = "1.3.0";
 const QString QupZilla::BUILDTIME =  __DATE__" "__TIME__;
 const QString QupZilla::AUTHOR = "David Rosca";
 const QString QupZilla::COPYRIGHT = "2010-2012";
diff --git a/src/lib/bookmarks/bookmarkstoolbar.cpp b/src/lib/bookmarks/bookmarkstoolbar.cpp
index f72908110..4e6ffe0d9 100644
--- a/src/lib/bookmarks/bookmarkstoolbar.cpp
+++ b/src/lib/bookmarks/bookmarkstoolbar.cpp
@@ -142,12 +142,12 @@ void BookmarksToolbar::moveRight()
     Bookmark bookmarkRight = buttonRight->data().value<Bookmark>();
 
     QSqlQuery query;
-    query.prepare("UPDATE bookmarks SET toolbar_position=? WHERE id=?");
+    query.prepare("UPDATE bookmarks SET position=? WHERE id=?");
     query.addBindValue(index + 1);
     query.addBindValue(bookmark.id);
     mApp->dbWriter()->executeQuery(query);
 
-    query.prepare("UPDATE bookmarks SET toolbar_position=? WHERE id=?");
+    query.prepare("UPDATE bookmarks SET position=? WHERE id=?");
     query.addBindValue(index);
     query.addBindValue(bookmarkRight.id);
     mApp->dbWriter()->executeQuery(query);
@@ -179,12 +179,12 @@ void BookmarksToolbar::moveLeft()
     Bookmark bookmarkLeft = buttonLeft->data().value<Bookmark>();
 
     QSqlQuery query;
-    query.prepare("UPDATE bookmarks SET toolbar_position=? WHERE id=?");
+    query.prepare("UPDATE bookmarks SET position=? WHERE id=?");
     query.addBindValue(index - 1);
     query.addBindValue(bookmark.id);
     mApp->dbWriter()->executeQuery(query);
 
-    query.prepare("UPDATE bookmarks SET toolbar_position=? WHERE id=?");
+    query.prepare("UPDATE bookmarks SET position=? WHERE id=?");
     query.addBindValue(index);
     query.addBindValue(bookmarkLeft.id);
     mApp->dbWriter()->executeQuery(query);
@@ -419,7 +419,7 @@ void BookmarksToolbar::addBookmark(const BookmarksModel::Bookmark &bookmark)
     m_layout->insertWidget(indexForBookmark, button);
 
     QSqlQuery query;
-    query.prepare("UPDATE bookmarks SET toolbar_position=? WHERE id=?");
+    query.prepare("UPDATE bookmarks SET position=? WHERE id=?");
     query.addBindValue(indexForBookmark);
     query.addBindValue(bookmark.id);
     mApp->dbWriter()->executeQuery(query);
@@ -482,7 +482,7 @@ void BookmarksToolbar::bookmarkEdited(const BookmarksModel::Bookmark &before, co
 void BookmarksToolbar::refreshBookmarks()
 {
     QSqlQuery query;
-    query.exec("SELECT id, title, url, icon FROM bookmarks WHERE folder='bookmarksToolbar' ORDER BY toolbar_position");
+    query.exec("SELECT id, title, url, icon FROM bookmarks WHERE folder='bookmarksToolbar' ORDER BY position");
     while (query.next()) {
         Bookmark bookmark;
         bookmark.id = query.value(0).toInt();