diff --git a/.gitignore b/.gitignore
index b37d0b6..fdff774 100644
--- a/.gitignore
+++ b/.gitignore
@@ -1 +1,2 @@
 libtool-2.2.10.tar.lzma
+/libtool-2.4.tar.xz
diff --git a/libtool.spec b/libtool.spec
index 8730999..623f627 100644
--- a/libtool.spec
+++ b/libtool.spec
@@ -2,11 +2,11 @@
 
 Summary: The GNU Portable Library Tool
 Name:    libtool
-Version: 2.2.10
-Release: 2%{?dist}
+Version: 2.4
+Release: 1%{?dist}
 License: GPLv2+ and LGPLv2+ and GFDL
 Group:   Development/Tools
-Source:  http://ftp.gnu.org/gnu/libtool/libtool-%{version}.tar.lzma
+Source:  http://ftp.gnu.org/gnu/libtool/libtool-%{version}.tar.xz
 Patch0:  libtool-2.2.10-rpath.patch
 URL:     http://www.gnu.org/software/libtool/
 BuildRoot: %{_tmppath}/%{name}-%{version}-%{release}-%(%{__id_u} -n)
@@ -149,6 +149,9 @@ fi
 
 
 %changelog
+* Mon Dec 06 2010 Karsten Hopp <karsten@redhat.com> 2.4-1
+- update to libtool-2.4
+
 * Wed Jul  7 2010 Jakub Jelinek <jakub@redhat.com> 2.2.10-2
 - rebuilt for gcc 4.5.0
 
diff --git a/sources b/sources
index 046002d..a347ca7 100644
--- a/sources
+++ b/sources
@@ -1 +1 @@
-2eba13ecd07653d0e34d4efe8e2974d8  libtool-2.2.10.tar.lzma
+4e6144439d95d7332dc50ace6dd24c55  libtool-2.4.tar.xz