diff --git a/.gitignore b/.gitignore
index 8f37ac4..7ab5366 100644
--- a/.gitignore
+++ b/.gitignore
@@ -13,3 +13,4 @@ freetype-doc-2.3.11.tar.gz
 /freetype-2.4.12.tar.bz2
 /freetype-2.5.0.1.tar.bz2
 /freetype-2.5.3.tar.bz2
+/freetype-2.5.4.tar.bz2
diff --git a/mingw-freetype.spec b/mingw-freetype.spec
index 46b9984..6fa9058 100644
--- a/mingw-freetype.spec
+++ b/mingw-freetype.spec
@@ -5,8 +5,8 @@
 %{!?_with_subpixel_rendering: %{!?_without_subpixel_rendering: %define _without_subpixel_rendering --without-subpixel_rendering}}
 
 Name:           mingw-freetype
-Version:        2.5.3
-Release:        3%{?dist}
+Version:        2.5.4
+Release:        1%{?dist}
 Summary:        Free and portable font rendering engine
 
 License:        FTL or GPLv2+
@@ -132,6 +132,10 @@ rm -rf $RPM_BUILD_ROOT%{mingw32_mandir} $RPM_BUILD_ROOT%{mingw64_mandir}
 
 
 %changelog
+* Tue Dec 23 2014 Erik van Pienbroek <epienbro@fedoraproject.org> - 2.5.4-1
+- Update to 2.5.4
+- Fixes RHBZ #1172635
+
 * Thu Jul 10 2014 Nicola Fontana <ntd@entidi.it> - 2.5.3-3
 - Update subpixel rendering patch to 2.5.3 (RHBZ #1118276)
 
diff --git a/sources b/sources
index 89084c8..48e7696 100644
--- a/sources
+++ b/sources
@@ -1 +1 @@
-d6b60f06bfc046e43ab2a6cbfd171d65  freetype-2.5.3.tar.bz2
+438585445a2f1f71c77590155fd96616  freetype-2.5.4.tar.bz2