diff --git a/_service b/_service
index 73371ee..e63b93d 100644
--- a/_service
+++ b/_service
@@ -3,8 +3,8 @@
         <param name="scm">hg</param>
         <param name="url">https://code.google.com/p/vim</param>
         <param name="filename">vim</param>
-        <param name="versionprefix">7.4.507.hg</param>
-        <param name="revision">v7-4-507</param>
+        <param name="versionprefix">7.4.516.hg</param>
+        <param name="revision">v7-4-516</param>
     </service>
     <service name="recompress" mode="disabled">
         <param name="compression">xz</param>
diff --git a/vim-7.4.507.hg.6349.tar.xz b/vim-7.4.507.hg.6349.tar.xz
deleted file mode 100644
index c92a4a5..0000000
--- a/vim-7.4.507.hg.6349.tar.xz
+++ /dev/null
@@ -1,3 +0,0 @@
-version https://git-lfs.github.com/spec/v1
-oid sha256:7406b2a575f25e0ff982589270df947816d58feb8f0d81c25c3e23d527146f2c
-size 7751388
diff --git a/vim-7.4.516.hg.6367.tar.xz b/vim-7.4.516.hg.6367.tar.xz
new file mode 100644
index 0000000..b914fc2
--- /dev/null
+++ b/vim-7.4.516.hg.6367.tar.xz
@@ -0,0 +1,3 @@
+version https://git-lfs.github.com/spec/v1
+oid sha256:2851e1aa2bcb92581ec5d303063d3b6fec908c80b6862e7658c2ad46dd0f0f40
+size 7750580
diff --git a/vim.changes b/vim.changes
index 1dbc3e8..0565e6d 100644
--- a/vim.changes
+++ b/vim.changes
@@ -1,3 +1,18 @@
+-------------------------------------------------------------------
+Tue Nov 18 11:50:40 UTC 2014 - idonmez@suse.com
+
+- Updated to revision 516, fixes the following problems
+  * When generating ja.sjis.po the header is not correctly adjusted.
+  * Users are not aware their encryption is weak.
+  * "-fwrapv" argument breaks use of cproto.
+  * Generating proto for if_ruby.c uses type not defined elsewhere.
+  * Crash because reference count is wrong for list returned by
+    getreg().
+  * Memory access error. (Dominique Pelle)
+  * In a help buffer the global 'foldmethod' is used.  (Paul Marshall)
+  * Completing a function name containing a # does not work.  Issue
+    253.
+ 
 -------------------------------------------------------------------
 Thu Nov  6 10:54:25 UTC 2014 - idonmez@suse.com
 
diff --git a/vim.spec b/vim.spec
index c86cd30..46c018d 100644
--- a/vim.spec
+++ b/vim.spec
@@ -17,8 +17,8 @@
 
 
 %define pkg_version 7.4
-%define patchlevel 507
-%define revision 6349
+%define patchlevel 516
+%define revision 6367
 %define VIM_SUBDIR vim74
 %define site_runtimepath /usr/share/vim/site
 %define make make VIMRCLOC=/etc VIMRUNTIMEDIR=/usr/share/vim/current MAKE="make -e" %{?_smp_mflags}