diff --git a/MySQLdb/CHANGES-1.2.1 b/MySQLdb/CHANGES-1.2.1
index f6ea1f3..18e6f46 100644
--- a/MySQLdb/CHANGES-1.2.1
+++ b/MySQLdb/CHANGES-1.2.1
@@ -1,3 +1,18 @@
+========================
+ What's new in 1.2.1_p2
+========================
+
+There are some minor build fixes which probably only affect MySQL
+older than 4.0.
+
+If you had MySQL older than 4.1, the new charset and sql_mode
+parameters didn't work right. In fact, it was impossible to create
+a connection due to the charset problem.
+
+If you are using MySQL-4.1 or newer, there is no practical difference
+between 1.2.1 and 1.2.1_p2, and you don't need to upgrade.
+
+
 =====================
  What's new in 1.2.1
 =====================