diff --git a/.gitignore b/.gitignore
index fb8c121..5a5fdf8 100644
--- a/.gitignore
+++ b/.gitignore
@@ -16,3 +16,4 @@ libgnome-keyring-2.30.0.tar.bz2
 /libgnome-keyring-3.3.5.tar.xz
 /libgnome-keyring-3.3.91.tar.xz
 /libgnome-keyring-3.3.92.tar.xz
+/libgnome-keyring-3.4.0.tar.xz
diff --git a/libgnome-keyring.spec b/libgnome-keyring.spec
index ebffde5..f88b54b 100644
--- a/libgnome-keyring.spec
+++ b/libgnome-keyring.spec
@@ -4,12 +4,12 @@
 
 Summary: Framework for managing passwords and other secrets
 Name: libgnome-keyring
-Version: 3.3.92
+Version: 3.4.0
 Release: 1%{?dist}
 License: GPLv2+ and LGPLv2+
 Group: System Environment/Libraries
 #VCS: git:git://git.gnome.org/libgnome-keyring
-Source: http://download.gnome.org/sources/libgnome-keyring/3.3/libgnome-keyring-%{version}.tar.xz
+Source: http://download.gnome.org/sources/libgnome-keyring/3.4/libgnome-keyring-%{version}.tar.xz
 URL: http://live.gnome.org/GnomeKeyring
 
 
@@ -76,6 +76,9 @@ rm $RPM_BUILD_ROOT%{_libdir}/*.la
 
 
 %changelog
+* Mon Mar 26 2012 Debarshi Ray <rishi@fedoraproject.org> - 3.4.0-1
+- Update to 3.4.0
+
 * Wed Mar 21 2012 Kalev Lember <kalevlember@gmail.com> - 3.3.92-1
 - Update to 3.3.92
 
diff --git a/sources b/sources
index df1cace..d2f614f 100644
--- a/sources
+++ b/sources
@@ -1 +1 @@
-16337cf2eb0cd142442021f0009c2321  libgnome-keyring-3.3.92.tar.xz
+dcc31b65dab438ba1c4188c49f9bf979  libgnome-keyring-3.4.0.tar.xz