diff --git a/media-libs/libwebp/libwebp-1.0.2.recipe b/media-libs/libwebp/libwebp-1.0.3.recipe
similarity index 96%
rename from media-libs/libwebp/libwebp-1.0.2.recipe
rename to media-libs/libwebp/libwebp-1.0.3.recipe
index a892cba2c..663ca0cc6 100644
--- a/media-libs/libwebp/libwebp-1.0.2.recipe
+++ b/media-libs/libwebp/libwebp-1.0.3.recipe
@@ -13,7 +13,7 @@ COPYRIGHT="2011 Google Inc."
 LICENSE="BSD (3-clause)"
 REVISION="1"
 SOURCE_URI="http://downloads.webmproject.org/releases/webp/libwebp-$portVersion.tar.gz"
-CHECKSUM_SHA256="3d47b48c40ed6476e8047b2ddb81d93835e0ca1b8d3e8c679afbb3004dd564b1"
+CHECKSUM_SHA256="e20a07865c8697bba00aebccc6f54912d6bc333bb4d604e6b07491c1a226b34f"
 
 ARCHITECTURES="x86_gcc2 x86 x86_64"
 SECONDARY_ARCHITECTURES="x86_gcc2 x86"
@@ -24,8 +24,8 @@ webpLibs="\
 	libwebpdemux \
 	libwebpmux \
 	"
-libwebpVersion="7.0.4"
-libwebpdecoderVersion="3.0.4"
+libwebpVersion="7.0.5"
+libwebpdecoderVersion="3.0.5"
 libwebpdemuxVersion="2.0.6"
 libwebpmuxVersion="3.0.4"
 for i in $webpLibs; do