diff --git a/.cvsignore b/.cvsignore
index d2dd16c..520c1fd 100644
--- a/.cvsignore
+++ b/.cvsignore
@@ -1 +1 @@
-PyYAML-3.05.tar.gz
+PyYAML-3.06.tar.gz
diff --git a/PyYAML.spec b/PyYAML.spec
index 4d03628..26b86b0 100644
--- a/PyYAML.spec
+++ b/PyYAML.spec
@@ -1,8 +1,8 @@
 %{!?python_sitelib: %define python_sitelib %(%{__python} -c "from distutils.sysconfig import get_python_lib; print get_python_lib()")}
 
 Name:           PyYAML
-Version:        3.05
-Release:        2%{?dist}
+Version:        3.06
+Release:        1%{?dist}
 Summary:        YAML parser and emitter for Python
 
 Group:          Development/Libraries
@@ -53,6 +53,9 @@ rm -rf $RPM_BUILD_ROOT
 
 
 %changelog
+* Fri Oct 24 2008 John Eckersberg <jeckersb@redhat.com> - 3.06-1
+- New upstream release
+
 * Wed Jan 02 2008 John Eckersberg <jeckersb@redhat.com> - 3.05-2
 - Remove explicit dependency on python >= 2.3
 - Remove executable on example script in docs
diff --git a/sources b/sources
index 3b9e36b..d97f5d5 100644
--- a/sources
+++ b/sources
@@ -1 +1 @@
-04ebb924a571cfb26d8143069068ce86  PyYAML-3.05.tar.gz
+3d3c92528f1547756c9e1d80d7d905c7  PyYAML-3.06.tar.gz