diff --git a/srcpkgs/python-setuptools/template b/srcpkgs/python-setuptools/template
index d6dc7650434..93feeff007d 100644
--- a/srcpkgs/python-setuptools/template
+++ b/srcpkgs/python-setuptools/template
@@ -1,7 +1,7 @@
 # Template file for 'python-setuptools'
 pkgname=python-setuptools
-version=6.1
-revision=2
+version=7.0
+revision=1
 noarch=yes
 wrksrc="setuptools-${version}"
 python_versions="2.7 3.4"
@@ -16,7 +16,7 @@ maintainer="Alessio Sergi <al3hex@gmail.com>"
 homepage="https://pypi.python.org/pypi/setuptools"
 license="PSF"
 distfiles="${PYPI_SITE}/s/setuptools/setuptools-${version}.tar.gz"
-checksum=539f816a0112f811288fb6a9fe2093dd5fcf00c061c55b72a0e754777b162a96
+checksum=dd9c1a2a0fdf37a7b142626700e0a0b7a3a0657b735c50d367fca932803be061
 
 post_extract() {
 	cp -a ${wrksrc} /tmp/python2.7-build