diff --git a/python-yara.spec b/python-yara.spec
index 94b7caf..26256fd 100644
--- a/python-yara.spec
+++ b/python-yara.spec
@@ -25,7 +25,7 @@
 
 Name:           python-%{srcname}
 Version:        3.7.0
-Release:        2%{?dist}
+Release:        3%{?dist}
 Summary:        Python binding for the YARA pattern matching tool
 Group:          Development/Libraries
 
@@ -42,9 +42,9 @@ BuildRequires:  libtool
 BuildRequires:  yara-devel
 BuildRequires:  python2
 BuildRequires:  python2-devel
-BuildRequires:  python-libs
-BuildRequires:  python-nose
-BuildRequires:  python-setuptools
+BuildRequires:  python2-libs
+BuildRequires:  python2-nose
+BuildRequires:  python2-setuptools
 
 %if 0%{?with_python3}
 BuildRequires:  python%{python3_pkgversion}-devel
@@ -54,7 +54,7 @@ BuildRequires:  python%{python3_pkgversion}-setuptools
 %endif # if with_python3
 
 # html doc generation
-BuildRequires:  python-sphinx
+BuildRequires:  python2-sphinx
 
 
 %description
@@ -184,6 +184,10 @@ PYTHONPATH=%{buildroot}/%{python3_sitearch}/ "$NOSETESTS3" -v ./tests.py:TestYar
 
 
 %changelog
+* Wed Feb 28 2018 Iryna Shcherbina <ishcherb@redhat.com> - 3.7.0-3
+- Update Python 2 dependency declarations to new packaging standards
+  (See https://fedoraproject.org/wiki/FinalizingFedoraSwitchtoPython3)
+
 * Fri Feb 09 2018 Fedora Release Engineering <releng@fedoraproject.org> - 3.7.0-2
 - Rebuilt for https://fedoraproject.org/wiki/Fedora_28_Mass_Rebuild