diff --git a/extra/libwebp/checksums b/extra/libwebp/checksums
index 508eee31..a211abf7 100644
--- a/extra/libwebp/checksums
+++ b/extra/libwebp/checksums
@@ -1 +1 @@
-98a052268cc4d5ece27f76572a7f50293f439c17a98e67c4ea0c7ed6f50ef043  libwebp-1.1.0.tar.gz
+2fc8bbde9f97f2ab403c0224fb9ca62b2e6852cbc519e91ceaa7c153ffd88a0c
diff --git a/extra/libwebp/sources b/extra/libwebp/sources
index 9e260a53..4ed0cd5a 100644
--- a/extra/libwebp/sources
+++ b/extra/libwebp/sources
@@ -1 +1 @@
-http://downloads.webmproject.org/releases/webp/libwebp-1.1.0.tar.gz
+http://downloads.webmproject.org/releases/webp/libwebp-1.2.0.tar.gz
diff --git a/extra/libwebp/version b/extra/libwebp/version
index 7281bb52..8b9a47f0 100644
--- a/extra/libwebp/version
+++ b/extra/libwebp/version
@@ -1 +1 @@
-1.1.0 1
+1.2.0 1