diff --git a/python-setuptools.spec b/python-setuptools.spec
index f081180..94d2ca2 100644
--- a/python-setuptools.spec
+++ b/python-setuptools.spec
@@ -28,7 +28,7 @@
 
 Name:           python-setuptools
 # When updating, update the bundled libraries versions bellow!
-Version:        54.1.2
+Version:        56.0.0
 Release:        1%{?dist}
 Summary:        Easily build and distribute Python packages
 # setuptools is MIT
@@ -199,6 +199,9 @@ PYTHONPATH=$(pwd) %pytest --ignore=pavement.py
 
 
 %changelog
+* Fri Apr 09 2021 Tomas Hrnciar <thrnciar@redhat.com> - 56.0.0-1
+- Update to 56.0.0
+
 * Tue Mar 16 2021 Tomas Hrnciar <thrnciar@redhat.com> - 54.1.2-1
 - Update to 54.1.2
 
diff --git a/sources b/sources
index df4dc83..a80fe46 100644
--- a/sources
+++ b/sources
@@ -1 +1 @@
-SHA512 (setuptools-54.1.2.tar.gz) = b6efe6e92227704a95d4d4a31d033df6df96a430d7e51cb7df80203af56d8f8f64c95deaf194c7cfbfd2111f5bc02be45db2c0383c3209c898c1858821eb4642
+SHA512 (setuptools-56.0.0.tar.gz) = 951d43a0192b9dddacd7bd7ff6b76e281c14071771096db3c413fde6ea67b0c534f17a770cb3464cd3a6a4e8145b82f4cf5c0228e76e6f2cefe88d33748816e9