diff --git a/.gitignore b/.gitignore
index 2b92100..b778869 100644
--- a/.gitignore
+++ b/.gitignore
@@ -8,3 +8,4 @@
 /gcc-4.6.1-20110708.tar.bz2
 /gcc-4.6.1-20110715.tar.bz2
 /gcc-4.7.0-20120103.tar.bz2
+/gcc-4.7.0-20120104.tar.bz2
diff --git a/gcc.spec b/gcc.spec
index 92fab44..c2aafa6 100644
--- a/gcc.spec
+++ b/gcc.spec
@@ -1,8 +1,10 @@
-%global DATE 20120103
-%global SVNREV 182847
+%global DATE 20120104
+%global SVNREV 182887
 %global gcc_version 4.7.0
 # Note, gcc_release must be integer, if you want to add suffixes to
 # %{release}, append them after %{gcc_release} on Release: line.
+# Please keep gcc_release at 0 while gcc-%{gcc_version} hasn't
+# been released yet, instead increment the digit in Release:.
 %global gcc_release 0
 %global _unpackaged_files_terminate_build 0
 %global multilib_64_archs sparc64 ppc64 s390x x86_64
@@ -46,7 +48,7 @@
 Summary: Various compilers (C, C++, Objective-C, Java, ...)
 Name: gcc
 Version: %{gcc_version}
-Release: %{gcc_release}.2%{?dist}
+Release: %{gcc_release}.3%{?dist}
 # libgcc, libgfortran, libmudflap, libgomp, libstdc++ and crtstuff have
 # GCC Runtime Exception.
 License: GPLv3+ and GPLv3+ with exceptions and GPLv2+ with exceptions and LGPLv2+ and BSD
@@ -170,6 +172,7 @@ Patch12: gcc47-libstdc++-docs.patch
 Patch13: gcc47-no-add-needed.patch
 Patch14: gcc47-ppl-0.10.patch
 Patch15: gcc47-libitm-fno-exceptions.patch
+Patch16: gcc47-pr51746.patch
 
 Patch1000: fastjar-0.97-segfault.patch
 Patch1001: fastjar-0.97-len1.patch
@@ -669,6 +672,7 @@ package or when debugging this package.
 %patch14 -p0 -b .ppl-0.10~
 %endif
 %patch15 -p0 -b .libitm-fno-exceptions~
+%patch16 -p0 -b .pr51746~
 
 %if 0%{?_enable_debug_packages}
 cat > split-debuginfo.sh <<\EOF
@@ -2614,6 +2618,13 @@ fi
 %{_prefix}/libexec/gcc/%{gcc_target_platform}/%{gcc_version}/plugin
 
 %changelog
+* Wed Jan  4 2012 Jakub Jelinek <jakub@redhat.com> 4.7.0-0.3
+- update from trunk
+  - PRs bootstrap/51006, bootstrap/51734, c++/29273, c++/51064, c++/51738,
+	debug/51695, fortran/49693, fortran/50981, middle-end/51696,
+	middle-end/51750, other/51163, other/51164, tree-optimization/49651
+- fix up libitm.so.1
+
 * Tue Jan  3 2012 Jakub Jelinek <jakub@redhat.com> 4.7.0-0.2
 - update from trunk
   - PRs bootstrap/51686, bootstrap/51725, c++/15867, c++/16603, c++/20140,
diff --git a/gcc47-libitm-fno-exceptions.patch b/gcc47-libitm-fno-exceptions.patch
index ed752da..8b9d590 100644
--- a/gcc47-libitm-fno-exceptions.patch
+++ b/gcc47-libitm-fno-exceptions.patch
@@ -6,21 +6,23 @@
 
 --- libitm/Makefile.am.jj	2011-12-20 13:47:57.000000000 +0100
 +++ libitm/Makefile.am	2011-12-22 09:14:06.663469165 +0100
-@@ -72,6 +72,7 @@ endif
+@@ -72,6 +72,8 @@ endif
  if ARCH_X86_AVX
  x86_avx.lo : XCFLAGS += -mavx
  endif
-+beginend.lo : CXXFLAGS += -fno-exceptions
++beginend.lo : CXXCOMPILE += -fno-exceptions
++beginend.lo : LTCXXCOMPILE += -fno-exceptions
  
  if ARCH_FUTEX
  libitm_la_SOURCES += futex.cc
 --- libitm/Makefile.in.jj	2011-12-20 13:47:57.000000000 +0100
 +++ libitm/Makefile.in	2011-12-22 09:14:29.466329944 +0100
-@@ -1278,6 +1278,7 @@ vpath % $(strip $(search_path))
+@@ -1278,6 +1278,8 @@ vpath % $(strip $(search_path))
  @LIBITM_BUILD_VERSIONED_SHLIB_SUN_TRUE@@LIBITM_BUILD_VERSIONED_SHLIB_TRUE@	 > $@ || (rm -f $@ ; exit 1)
  @ARCH_X86_TRUE@x86_sse.lo : XCFLAGS += -msse
  @ARCH_X86_AVX_TRUE@x86_avx.lo : XCFLAGS += -mavx
-+beginend.lo : CXXFLAGS += -fno-exceptions
++beginend.lo : CXXCOMPILE += -fno-exceptions
++beginend.lo : LTCXXCOMPILE += -fno-exceptions
  
  all-local: $(STAMP_GENINSRC)
  
diff --git a/gcc47-pr51746.patch b/gcc47-pr51746.patch
new file mode 100644
index 0000000..7b300e4
--- /dev/null
+++ b/gcc47-pr51746.patch
@@ -0,0 +1,16 @@
+2012-01-04  Jakub Jelinek  <jakub@redhat.com>
+
+	PR debug/51746
+	* var-tracking.c (add_stores): For COND_EXEC allow oval to be NULL.
+
+--- gcc/var-tracking.c.jj	2012-01-01 19:54:46.000000000 +0100
++++ gcc/var-tracking.c	2012-01-04 11:30:44.033223790 +0100
+@@ -5519,7 +5519,7 @@ add_stores (rtx loc, const_rtx expr, voi
+       gcc_assert (oval != v);
+       gcc_assert (REG_P (oloc) || MEM_P (oloc));
+ 
+-      if (!cselib_preserved_value_p (oval))
++      if (oval && !cselib_preserved_value_p (oval))
+ 	{
+ 	  micro_operation moa;
+ 
diff --git a/sources b/sources
index 7275915..544e187 100644
--- a/sources
+++ b/sources
@@ -1,2 +1,2 @@
 2659f09c2e43ef8b7d4406321753f1b2  fastjar-0.97.tar.gz
-31f7127d4679f41e263d4009900439b2  gcc-4.7.0-20120103.tar.bz2
+4ff447b92f053adc17b07fc97e499951  gcc-4.7.0-20120104.tar.bz2