diff --git a/dbus-sharp.spec b/dbus-sharp.spec
index 4fae1a7..a51151e 100644
--- a/dbus-sharp.spec
+++ b/dbus-sharp.spec
@@ -3,7 +3,7 @@
 Summary: C# bindings for D-Bus
 Name: dbus-sharp
 Version: 0.7.0
-Release: 4%{?dist}
+Release: 5%{?dist}
 Epoch: 1
 URL: http://mono.github.com/dbus-sharp/
 Source0: https://github.com/downloads/mono/dbus-sharp/%{name}-%{version}.tar.gz
@@ -29,26 +29,32 @@ Development files for D-Bus Sharp development.
 
 %prep
 %setup -q
-sed -i -e 's!${exec_prefix}/lib!%{_libdir}/!g' dbus-sharp-1.0.pc.in
 
 %build
 autoreconf --force --install
 export MONO_SHARED_DIR=%{_builddir}/%{?buildsubdir}
-%configure
+%configure --libdir=%{_prefix}/lib
 make
 
 %install
 make install DESTDIR=$RPM_BUILD_ROOT
 
+mkdir -p $RPM_BUILD_ROOT/%{_libdir}/pkgconfig
+test "%{_libdir}" = "%{_prefix}/lib" || mv $RPM_BUILD_ROOT/%{_prefix}/lib/pkgconfig/* $RPM_BUILD_ROOT/%{_libdir}/pkgconfig
+
 %files
 %doc COPYING README
-%{_libdir}/mono/dbus-sharp-1.0
-%{_libdir}/mono/gac/dbus-sharp
+%{_prefix}/lib/mono/dbus-sharp-1.0
+%{_prefix}/lib/mono/gac/dbus-sharp
 
 %files devel
 %{_libdir}/pkgconfig/dbus-sharp-1.0.pc
 
 %changelog
+* Sun Mar 11 2012 Christian Krause <chkr@fedoraproject.org> - 1:0.7.0-5
+- Change paths for mono assemblies according to updated packaging
+  guidelines (http://fedoraproject.org/wiki/Packaging:Mono)
+
 * Fri Jan 13 2012 Fedora Release Engineering <rel-eng@lists.fedoraproject.org> - 1:0.7.0-4
 - Rebuilt for https://fedoraproject.org/wiki/Fedora_17_Mass_Rebuild