diff --git a/package/gstreamer1/gst1-libav/gst1-libav.mk b/package/gstreamer1/gst1-libav/gst1-libav.mk
index 1c45acc737..50dd1dfc81 100644
--- a/package/gstreamer1/gst1-libav/gst1-libav.mk
+++ b/package/gstreamer1/gst1-libav/gst1-libav.mk
@@ -4,7 +4,7 @@
 #
 ################################################################################
 
-GST1_LIBAV_VERSION = 1.2.2
+GST1_LIBAV_VERSION = 1.2.3
 GST1_LIBAV_SOURCE = gst-libav-$(GST1_LIBAV_VERSION).tar.xz
 GST1_LIBAV_SITE = http://gstreamer.freedesktop.org/src/gst-libav