diff --git a/srcpkgs/python-setuptools/template b/srcpkgs/python-setuptools/template
index ae88d4da99a..6f5ba54f463 100644
--- a/srcpkgs/python-setuptools/template
+++ b/srcpkgs/python-setuptools/template
@@ -1,6 +1,6 @@
 # Template file for 'python-setuptools'
 pkgname=python-setuptools
-version=18.2
+version=18.3.1
 revision=1
 noarch=yes
 wrksrc="setuptools-${version}"
@@ -16,7 +16,7 @@ maintainer="Alessio Sergi <al3hex@gmail.com>"
 homepage="https://bitbucket.org/pypa/setuptools"
 license="PSF"
 distfiles="${PYPI_SITE}/s/setuptools/setuptools-${version}.tar.gz"
-checksum=0994a58df27ea5dc523782a601357a2198b7493dcc99a30d51827a23585b5b1d
+checksum=2fa230727104b07e522deec17929e84e041c9047e392c055347a02b0d5ca874d
 
 pre_build() {
 	sed -i '/^#!/d' setuptools/command/easy_install.py