diff --git a/baselibs.conf b/baselibs.conf
index 9f11e97..c480892 100644
--- a/baselibs.conf
+++ b/baselibs.conf
@@ -1 +1 @@
-libwebp2
+libwebp4
diff --git a/libwebp-0.1.3.tar.gz b/libwebp-0.1.3.tar.gz
deleted file mode 100644
index 5c4ddec..0000000
--- a/libwebp-0.1.3.tar.gz
+++ /dev/null
@@ -1,3 +0,0 @@
-version https://git-lfs.github.com/spec/v1
-oid sha256:40b18456e39b2822311b0ea161d6f09507cf5e8e937b02b9be3ee994ded67aba
-size 544552
diff --git a/libwebp-0.2.0.tar.gz b/libwebp-0.2.0.tar.gz
new file mode 100644
index 0000000..d1caa53
--- /dev/null
+++ b/libwebp-0.2.0.tar.gz
@@ -0,0 +1,3 @@
+version https://git-lfs.github.com/spec/v1
+oid sha256:aa7d5e162826362c79d7c36d41484042ab7460dc08dc33d4ea6823a0c77d4bfb
+size 704034
diff --git a/libwebp.changes b/libwebp.changes
index 4aa01a6..10c63d2 100644
--- a/libwebp.changes
+++ b/libwebp.changes
@@ -1,3 +1,26 @@
+-------------------------------------------------------------------
+Fri Aug 31 08:57:43 UTC 2012 - dimstar@opensuse.org
+
+- Update to version 0.2.0:
+* Add support for ARGB -> YUVA conversion for lossless decoder
+* Add stats for lossless and alpha encoding
+* Security related hardening: allocation and size checks
+* Add PAM output support to dwebp
+* Alpha channel encode/decode support
+* Lossless encoder/decoder
+* Add TIFF input support to cwebp
+* Incompatible changes:
+  - The encode ABI has been modified to support alpha encoding
+  - Deprecated function WebPINew() has been removed
+  - Decode function signatures have changed to consistently use
+    size_t over int/uint32_t
+  - decode_vp8.h is no longer installed system-wide
+  - cwebp will encode the alpha channel if present.
+* Add libtiff-devel BuildRequires for the new tiff input support.
+* Rename libwebp2 subpackage to libwebp4 (by changing lname
+  defines), following upstreams soname bump (incl. baselibs.conf).
+* No reason to run autogen
+
 -------------------------------------------------------------------
 Mon Jan 30 12:51:06 UTC 2012 - jengelh@medozas.de
 
diff --git a/libwebp.spec b/libwebp.spec
index daa73fe..34578ef 100644
--- a/libwebp.spec
+++ b/libwebp.spec
@@ -17,22 +17,20 @@
 
 
 Name:           libwebp
-%define lname	libwebp2
-Version:        0.1.3
+%define lname	libwebp4
+Version:        0.2.0
 Release:        0
-Url:            http://webmproject.org/
+Url:            https://developers.google.com/speed/webp/
 Summary:        Library and tools for the WebP graphics format
 License:        BSD-3-Clause
 Group:          System/Libraries
 
-Source0:        http://webp.googlecode.com/files/%{name}-%{version}.tar.gz
+Source0:        http://webp.googlecode.com/files/%name-%version.tar.gz
 Source1:        baselibs.conf
 BuildRoot:      %{_tmppath}/%{name}-%{version}-build
-BuildRequires:  autoconf
-BuildRequires:  automake
 BuildRequires:  libjpeg-devel
 BuildRequires:  libpng-devel
-BuildRequires:  libtool
+BuildRequires:  libtiff-devel
 BuildRequires:  pkgconfig
 BuildRequires:  xz
 
@@ -84,15 +82,13 @@ images more efficiently.
 %setup -q
 
 %build
-mkdir -p m4
-./autogen.sh
 %configure --disable-static
 make %{?_smp_mflags}
 
 %install
 b="%buildroot";
 make install DESTDIR="$b";
-rm -f "%buildroot/%_libdir"/*.la;
+rm -f "$b/%_libdir"/*.la;
 
 %post -n %lname -p /sbin/ldconfig
 
@@ -105,12 +101,12 @@ rm -f "%buildroot/%_libdir"/*.la;
 
 %files -n %lname
 %defattr(-,root,root)
-%_libdir/%{name}*.so.*
+%_libdir/libwebp.so.4*
 
 %files devel
 %defattr(-,root,root)
-%_libdir/%{name}*.so
-%_includedir/*
-%_libdir/pkgconfig/*
+%_libdir/libwebp.so
+%_includedir/webp
+%_libdir/pkgconfig/libwebp.pc
 
 %changelog