diff --git a/sdk/identity/azure-identity/HISTORY.md b/sdk/identity/azure-identity/HISTORY.md
index 35122e3b983a..6d99a655d604 100644
--- a/sdk/identity/azure-identity/HISTORY.md
+++ b/sdk/identity/azure-identity/HISTORY.md
@@ -1,6 +1,6 @@
 # Release History
 
-## 1.1.1 (Unreleased)
+## 1.2.0 (2020-01-14)
 
 - All credential pipelines include `ProxyPolicy`
 ([#8945](https://github.com/Azure/azure-sdk-for-python/pull/8945))
diff --git a/sdk/identity/azure-identity/azure/identity/_version.py b/sdk/identity/azure-identity/azure/identity/_version.py
index 8307d096a03f..87cd853a4227 100644
--- a/sdk/identity/azure-identity/azure/identity/_version.py
+++ b/sdk/identity/azure-identity/azure/identity/_version.py
@@ -2,4 +2,4 @@
 # Copyright (c) Microsoft Corporation.
 # Licensed under the MIT License.
 # ------------------------------------
-VERSION = "1.1.1"
+VERSION = "1.2.0"
diff --git a/sdk/identity/azure-identity/azure/identity/aio/_credentials/authorization_code.py b/sdk/identity/azure-identity/azure/identity/aio/_credentials/authorization_code.py
index 5948baa552bd..a09e0988828f 100644
--- a/sdk/identity/azure-identity/azure/identity/aio/_credentials/authorization_code.py
+++ b/sdk/identity/azure-identity/azure/identity/aio/_credentials/authorization_code.py
@@ -6,6 +6,7 @@
 from typing import TYPE_CHECKING
 
 from azure.core.exceptions import ClientAuthenticationError
+from .base import AsyncCredentialBase
 from .._internal import AadClient
 
 if TYPE_CHECKING:
@@ -14,7 +15,7 @@
     from azure.core.credentials import AccessToken
 
 
-class AuthorizationCodeCredential(object):
+class AuthorizationCodeCredential(AsyncCredentialBase):
     """Authenticates by redeeming an authorization code previously obtained from Azure Active Directory.
 
     See https://docs.microsoft.com/en-us/azure/active-directory/develop/v2-oauth2-auth-code-flow for more information
@@ -31,13 +32,19 @@ class AuthorizationCodeCredential(object):
     :keyword str client_secret: One of the application's client secrets. Required only for web apps and web APIs.
     """
 
+    async def __aenter__(self):
+        if self._client:
+            await self._client.__aenter__()
+        return self
+
+    async def close(self):
+        """Close the credential's transport session."""
+
+        if self._client:
+            await self._client.__aexit__()
+
     def __init__(
-        self,
-        tenant_id: str,
-        client_id: str,
-        authorization_code: str,
-        redirect_uri: str,
-        **kwargs: "Any"
+        self, tenant_id: str, client_id: str, authorization_code: str, redirect_uri: str, **kwargs: "Any"
     ) -> None:
         self._authorization_code = authorization_code  # type: Optional[str]
         self._client_id = client_id
diff --git a/sdk/identity/azure-identity/tests/test_auth_code_async.py b/sdk/identity/azure-identity/tests/test_auth_code_async.py
index 1f1d9719169c..ae86e8373d34 100644
--- a/sdk/identity/azure-identity/tests/test_auth_code_async.py
+++ b/sdk/identity/azure-identity/tests/test_auth_code_async.py
@@ -13,7 +13,7 @@
 import pytest
 
 from helpers import build_aad_response, mock_response, Request
-from helpers_async import async_validating_transport, wrap_in_future
+from helpers_async import async_validating_transport, AsyncMockTransport, wrap_in_future
 
 
 @pytest.mark.asyncio
@@ -32,6 +32,32 @@ async def send(*_, **__):
     assert policy.on_request.called
 
 
+@pytest.mark.asyncio
+async def test_close():
+    transport = AsyncMockTransport()
+    credential = AuthorizationCodeCredential(
+        "tenant-id", "client-id", "auth-code", "http://localhost", transport=transport
+    )
+
+    await credential.close()
+
+    assert transport.__aexit__.call_count == 1
+
+
+@pytest.mark.asyncio
+async def test_context_manager():
+    transport = AsyncMockTransport()
+    credential = AuthorizationCodeCredential(
+        "tenant-id", "client-id", "auth-code", "http://localhost", transport=transport
+    )
+
+    async with credential:
+        assert transport.__aenter__.call_count == 1
+
+    assert transport.__aenter__.call_count == 1
+    assert transport.__aexit__.call_count == 1
+
+
 @pytest.mark.asyncio
 async def test_user_agent():
     transport = async_validating_transport(