diff --git a/baselibs.conf b/baselibs.conf
index bf78f8e..3b862da 100644
--- a/baselibs.conf
+++ b/baselibs.conf
@@ -1 +1 @@
-libsepol1
+libsepol2
diff --git a/libsepol-3.1.tar.gz b/libsepol-3.1.tar.gz
deleted file mode 100644
index 73474e7..0000000
--- a/libsepol-3.1.tar.gz
+++ /dev/null
@@ -1,3 +0,0 @@
-version https://git-lfs.github.com/spec/v1
-oid sha256:ae6778d01443fdd38cd30eeee846494e19f4d407b09872580372f4aa4bf8a3cc
-size 473842
diff --git a/libsepol-3.2.tar.gz b/libsepol-3.2.tar.gz
new file mode 100644
index 0000000..276a2d3
--- /dev/null
+++ b/libsepol-3.2.tar.gz
@@ -0,0 +1,3 @@
+version https://git-lfs.github.com/spec/v1
+oid sha256:dfc7f662af8000116e56a01de6a0394ed79be1b34b999e551346233c5dd19508
+size 477749
diff --git a/libsepol.changes b/libsepol.changes
index c255d6f..b43e218 100644
--- a/libsepol.changes
+++ b/libsepol.changes
@@ -1,3 +1,12 @@
+-------------------------------------------------------------------
+Tue Mar  9 09:11:42 UTC 2021 - Johannes Segitz <jsegitz@suse.com>
+
+- Update to version 3.2
+  * more space-efficient form of storing filename transitions in the binary
+    policy and reduced the size of the binary policy
+  * dropped old and deprecated symbols and functions. Version was bumped to
+    libsepol.so.2
+
 -------------------------------------------------------------------
 Thu Oct 29 10:40:16 UTC 2020 - Ludwig Nussel <lnussel@suse.de>
 
diff --git a/libsepol.spec b/libsepol.spec
index aeac6cf..4f0768f 100644
--- a/libsepol.spec
+++ b/libsepol.spec
@@ -1,7 +1,7 @@
 #
 # spec file for package libsepol
 #
-# Copyright (c) 2020 SUSE LLC
+# Copyright (c) 2021 SUSE LLC
 #
 # All modifications and additions to the file contributed by third parties
 # remain the property of their copyright owners, unless otherwise agreed
@@ -16,14 +16,16 @@
 #
 
 
+%define libname libsepol2
+
 Name:           libsepol
-Version:        3.1
+Version:        3.2
 Release:        0
 Summary:        SELinux binary policy manipulation library
 License:        LGPL-2.1-or-later
 Group:          Development/Libraries/C and C++
 URL:            https://github.com/SELinuxProject/selinux/wiki/Releases
-Source:         https://github.com/SELinuxProject/selinux/releases/download/20200710/%{name}-%{version}.tar.gz
+Source:         https://github.com/SELinuxProject/selinux/releases/download/%{version}/%{name}-%{version}.tar.gz
 Source2:        baselibs.conf
 BuildRequires:  flex
 BuildRequires:  pkgconfig
@@ -47,11 +49,11 @@ tools, as well as by programs like load_policy that need to perform
 specific transformations on binary policies such as customizing
 policy boolean settings.
 
-%package -n libsepol1
+%package -n %{libname}
 Summary:        SELinux binary policy manipulation library
 Group:          System/Libraries
 
-%description -n libsepol1
+%description -n %{libname}
 libsepol provides an API for the manipulation of SELinux binary
 policies. It is used by checkpolicy (the policy compiler) and similar
 tools, as well as by programs like load_policy that need to perform
@@ -66,8 +68,8 @@ Security.)
 %package devel
 Summary:        Development files for SELinux's binary policy manipulation library
 Group:          Development/Libraries/C and C++
+Requires:       %{libname} = %{version}
 Requires:       glibc-devel
-Requires:       libsepol1 = %{version}
 
 %description devel
 The libsepol-devel package contains the libraries and header files
@@ -95,8 +97,8 @@ make %{?_smp_mflags}
 %install
 %make_install LIBDIR="%{_libdir}" SHLIBDIR="%{_libdir}"
 
-%post -n libsepol1 -p /sbin/ldconfig
-%postun -n libsepol1 -p /sbin/ldconfig
+%post -n %{libname} -p /sbin/ldconfig
+%postun -n %{libname} -p /sbin/ldconfig
 
 %files utils
 %defattr(-,root,root)
@@ -104,7 +106,7 @@ make %{?_smp_mflags}
 %{_mandir}/man8/*.8%{ext_man}
 %{_mandir}/ru/man8/*.8%{ext_man}
 
-%files -n libsepol1
+%files -n %{libname}
 %defattr(-,root,root)
 %{_libdir}/libsepol.so.*