diff --git a/.gitignore b/.gitignore
index c8e184f..f5cf4d3 100644
--- a/.gitignore
+++ b/.gitignore
@@ -13,3 +13,4 @@
 /v0.2.18.tar.gz
 /v0.2.19.tar.gz
 /v0.3.0.tar.gz
+/v0.3.1.tar.gz
diff --git a/openblas.spec b/openblas.spec
index 8911488..d0ae6c3 100644
--- a/openblas.spec
+++ b/openblas.spec
@@ -14,8 +14,8 @@
 # "obsoleted" features are still kept in the spec.
 
 Name:           openblas
-Version:        0.3.0
-Release:        2%{?dist}
+Version:        0.3.1
+Release:        1%{?dist}
 Summary:        An optimized BLAS library based on GotoBLAS2
 Group:          Development/Libraries
 License:        BSD
@@ -364,7 +364,7 @@ LAPACKE="NO_LAPACKE=1"
 NMAX="NUM_THREADS=128"
 
 %ifarch %{ix86} x86_64
-TARGET="TARGET=CORE2 DYNAMIC_ARCH=1"
+TARGET="TARGET=CORE2 DYNAMIC_ARCH=1 DYNAMIC_OLDER=1"
 
 # Compability for old versions of GCC
 %if 0%{?rhel} == 5
@@ -688,6 +688,9 @@ rm -rf %{buildroot}%{_libdir}/pkgconfig
 %endif
 
 %changelog
+* Sun Jul 01 2018 Susi Lehtola <jussilehtola@fedoraproject.org> - 0.3.1-1
+- Update to 0.3.1.
+
 * Mon Jun 11 2018 Susi Lehtola <jussilehtola@fedoraproject.org> - 0.3.0-2
 - Split sequential libraries from core package to openblas-serial.
 
diff --git a/sources b/sources
index 24188fc..845060a 100644
--- a/sources
+++ b/sources
@@ -1 +1 @@
-SHA512 (v0.3.0.tar.gz) = 6a982d2adc13febc162d5c0077cedc116c771409ee1dbb651da6a073e5f6a439e1d0eba0349b3b2e506b274d3014adbf48fc96625ed942a61a54a0c936576b89
+SHA512 (v0.3.1.tar.gz) = 4c8d50114378518c7c85b92dd52cb649290f3bdc119316c0e236ea56353447d1fcef18afb344d4f125ec8b379b10f9d43ab008316517d897bf73e8f0000ee8f7