diff --git a/.gitignore b/.gitignore
index 2caed48..48a210e 100644
--- a/.gitignore
+++ b/.gitignore
@@ -25,3 +25,5 @@ libtasn1-2.7.tar.gz
 /libtasn1-4.4.tar.gz
 /libtasn1-4.5.tar.gz.sig
 /libtasn1-4.5.tar.gz
+/libtasn1-4.7.tar.gz
+/libtasn1-4.7.tar.gz.sig
diff --git a/libtasn1.spec b/libtasn1.spec
index 9e097cc..7fd6d9f 100644
--- a/libtasn1.spec
+++ b/libtasn1.spec
@@ -1,7 +1,7 @@
 Summary:	The ASN.1 library used in GNUTLS
 Name:		libtasn1
-Version:	4.5
-Release:	2%{?dist}
+Version:	4.7
+Release:	1%{?dist}
 
 # The libtasn1 library is LGPLv2+, utilities are GPLv3+
 License:	GPLv3+ and LGPLv2+
@@ -106,6 +106,9 @@ test "$1" = 0 -a -f %_infodir/%name.info.gz && \
 
 
 %changelog
+* Tue Sep 15 2015 Nikos Mavrogiannopoulos <nmav@redhat.com> - 4.7-1
+- Update to 4.7 (#1260325)
+
 * Wed Jun 17 2015 Fedora Release Engineering <rel-eng@lists.fedoraproject.org> - 4.5-2
 - Rebuilt for https://fedoraproject.org/wiki/Fedora_23_Mass_Rebuild
 
diff --git a/sources b/sources
index c42574f..c2ad6a1 100644
--- a/sources
+++ b/sources
@@ -1,2 +1,2 @@
-4b0ead9d993c822db4289385a5e35690  libtasn1-4.5.tar.gz.sig
-81d272697545e82d39f6bd14854b68f0  libtasn1-4.5.tar.gz
+12d10ca4ae0a3b95f7aa06a076da39ec  libtasn1-4.7.tar.gz
+6dacb2a900d19de5d72415e4a5dbff3b  libtasn1-4.7.tar.gz.sig