diff --git a/.gitignore b/.gitignore
index 7794363..c4f7486 100644
--- a/.gitignore
+++ b/.gitignore
@@ -78,3 +78,4 @@
 /setuptools-32.3.1.zip
 /setuptools-34.1.1.zip
 /setuptools-34.2.0.zip
+/setuptools-34.3.0.zip
diff --git a/python-setuptools.spec b/python-setuptools.spec
index 2e915f1..a09e07a 100644
--- a/python-setuptools.spec
+++ b/python-setuptools.spec
@@ -29,8 +29,8 @@
 %endif
 
 Name:           python-setuptools
-Version:        34.2.0
-Release:        2%{?dist}
+Version:        34.3.0
+Release:        1%{?dist}
 Summary:        Easily build and distribute Python packages
 
 Group:          Applications/System
@@ -230,6 +230,9 @@ LANG=en_US.utf8 PYTHONPATH=$(pwd) py.test-%{python3_version}
 %endif # with_python3
 
 %changelog
+* Sat Feb 25 2017 Kevin Fenzi <kevin@scrye.com> - 34.3.0-1
+- Update to 34.3.0. Fixes bug #1426463
+
 * Fri Feb 17 2017 Michal Cyprian <mcyprian@redhat.com> - 34.2.0-2
 - Add --executable option to easy_install command
 
diff --git a/sources b/sources
index dcbc0d3..7842827 100644
--- a/sources
+++ b/sources
@@ -1 +1 @@
-SHA512 (setuptools-34.2.0.zip) = 399f6bcbeb9d382240fbc095a74eacc5628dd0a1e56e52e322ca152d74295d0ef8f50984fb6c0cecb4b178584562a102b2520ffbc1ff93c65d99d08e754ec2e9
+SHA512 (setuptools-34.3.0.zip) = 28f71441e869a8757611c32684d661d84a9735baa1b0056bc8a1fb30690089133d575a9c9bc45852ae3a9d645ca7b3e08d993844436ab36834aab2a4fe64053f