diff --git a/.gitignore b/.gitignore
index 00c822a..4452e72 100644
--- a/.gitignore
+++ b/.gitignore
@@ -1 +1,2 @@
 /raven-3.5.0.tar.gz
+/raven-4.0.3.tar.gz
diff --git a/python-raven.spec b/python-raven.spec
index 02fa190..7e43785 100644
--- a/python-raven.spec
+++ b/python-raven.spec
@@ -6,8 +6,8 @@
 
 Name:           python-raven
 
-Version:        3.5.0
-Release:        2%{?dist}
+Version:        4.0.3
+Release:        1%{?dist}
 Summary:        Python client for Sentry
 
 Group:          Development/Libraries
@@ -82,6 +82,9 @@ popd
 %endif # with_python3
 
 %changelog
+* Tue Jan 21 2014 Xavier Queralt <xqueralt@redhat.com> - 4.0.3-1
+- Update to new upstream release 4.0.3
+
 * Wed Oct 16 2013 Xavier Queralt <xqueralt@redhat.com> - 3.5.0-2
 - Don't build python3 package in RHEL
 - Define the python2_sitelib macro if it is not defined
diff --git a/sources b/sources
index 9905566..febadaa 100644
--- a/sources
+++ b/sources
@@ -1 +1 @@
-7d7b67512c766da9229d7d8285a318fb  raven-3.5.0.tar.gz
+a1b0c05405a8e377911503a86079d0ea  raven-4.0.3.tar.gz