diff --git a/.gitignore b/.gitignore
index 6d1048d..ae6ffcd 100644
--- a/.gitignore
+++ b/.gitignore
@@ -3,3 +3,4 @@ Verilog-Perl-3.301.tar.gz
 /Verilog-Perl-3.302.tar.gz
 /Verilog-Perl-3.303.tar.gz
 /Verilog-Perl-3.304.tar.gz
+/Verilog-Perl-3.314.tar.gz
diff --git a/perl-Verilog-Perl.spec b/perl-Verilog-Perl.spec
index e16a1a2..45b018c 100644
--- a/perl-Verilog-Perl.spec
+++ b/perl-Verilog-Perl.spec
@@ -3,8 +3,8 @@
 %global __find_requires    %{_rpmconfigdir}/find-requires | grep -v Parser
 
 Name:          perl-Verilog-Perl
-Version:       3.304
-Release:       4%{?dist}
+Version:       3.314
+Release:       1%{?dist}
 Summary:       Verilog parsing routines
 
 License:       LGPLv3 or Artistic 2.0
@@ -98,6 +98,9 @@ rm -rf %{buildroot}
 
 
 %changelog
+* Tue Feb 28 2012 Chitlesh Goorah <chitlesh [AT] fedoraproject DOT org> 3.314-1
+- New upstream release
+
 * Fri Jan 13 2012 Fedora Release Engineering <rel-eng@lists.fedoraproject.org> - 3.304-4
 - Rebuilt for https://fedoraproject.org/wiki/Fedora_17_Mass_Rebuild
 
diff --git a/sources b/sources
index 729c662..13c6f8b 100644
--- a/sources
+++ b/sources
@@ -1 +1 @@
-d19cb6a93967095ed091e7dcb669962c  Verilog-Perl-3.304.tar.gz
+3397ce2919e7676f14d5409e4c47257a  Verilog-Perl-3.314.tar.gz