diff --git a/devel/py-setuptools/Makefile b/devel/py-setuptools/Makefile
index bf024db9e42d..77e4d8d598ba 100644
--- a/devel/py-setuptools/Makefile
+++ b/devel/py-setuptools/Makefile
@@ -6,7 +6,7 @@
 #
 
 PORTNAME=	setuptools
-PORTVERSION=	0.6b1
+PORTVERSION=	0.6b3
 CATEGORIES=	devel python
 MASTER_SITES=	http://cheeseshop.python.org/packages/source/s/setuptools/
 PKGNAMEPREFIX=	${PYTHON_PKGNAMEPREFIX}
diff --git a/devel/py-setuptools/distinfo b/devel/py-setuptools/distinfo
index 348640525a95..f642252997fe 100644
--- a/devel/py-setuptools/distinfo
+++ b/devel/py-setuptools/distinfo
@@ -1,3 +1,3 @@
-MD5 (python/setuptools-0.6b1.zip) = 000447ea5cf11ebaecc4f6ce9812a561
-SHA256 (python/setuptools-0.6b1.zip) = 24197f28b1e09f669a5d68eb9ff95f317ec9217f580c34fa73a4d7e6c03f81cc
-SIZE (python/setuptools-0.6b1.zip) = 248136
+MD5 (python/setuptools-0.6b3.zip) = d199ec0b344db6d2f0ee3ff1eb38d0e0
+SHA256 (python/setuptools-0.6b3.zip) = 0e20067e79c526755e63728b37893a94fc7fc1fd7e3c13d4f20b7ef572104b10
+SIZE (python/setuptools-0.6b3.zip) = 249139