diff --git a/.gitignore b/.gitignore
index 5e99a8c..db4716d 100644
--- a/.gitignore
+++ b/.gitignore
@@ -96,3 +96,4 @@
 /setuptools-40.7.1.zip
 /setuptools-40.7.2.zip
 /setuptools-40.7.3.zip
+/setuptools-40.8.0.zip
diff --git a/python-setuptools.spec b/python-setuptools.spec
index 15c2d17..32ee9be 100644
--- a/python-setuptools.spec
+++ b/python-setuptools.spec
@@ -18,7 +18,7 @@
 
 Name:           python-setuptools
 # When updating, update the bundled libraries versions bellow!
-Version:        40.7.3
+Version:        40.8.0
 Release:        1%{?dist}
 Summary:        Easily build and distribute Python packages
 # setuptools is MIT
@@ -253,6 +253,10 @@ PYTHONDONTWRITEBYTECODE=1 PYTHONPATH=$(pwd) py.test-%{python3_version} --ignore=
 
 
 %changelog
+* Tue Feb 05 2019 Miro Hrončok <mhroncok@redhat.com>
+- Update to 40.8.0 (#1672756)
+- https://github.com/pypa/setuptools/blob/v40.8.0/CHANGES.rst
+
 * Sun Feb 03 2019 Miro Hrončok <mhroncok@redhat.com> - 40.7.3-1
 - Hotfix update to 40.7.3 (#1672084)
 - https://github.com/pypa/setuptools/blob/v40.7.3/CHANGES.rst
diff --git a/sources b/sources
index 5f774cb..1d4eca4 100644
--- a/sources
+++ b/sources
@@ -1 +1 @@
-SHA512 (setuptools-40.7.3.zip) = fb61e4d7ae620684b128bd60112938a4a9721a82ed3aa4daa774837a2db60e989d608ce2ba7f51393f412b78244d6f4c8f1025416b137d8ce01a2c0375ffec65
+SHA512 (setuptools-40.8.0.zip) = f14976a76bff74b7494d44fcfffa511de0d142b4d308fcbf87b34c31c51491102e152acc11a383c5f6b693d1b18eb119c5186ca23deb12b2bbf186794b062868