diff --git a/devel/py-contextlib2/Makefile b/devel/py-contextlib2/Makefile
index aff6cb589b1c..d167de16c83f 100644
--- a/devel/py-contextlib2/Makefile
+++ b/devel/py-contextlib2/Makefile
@@ -2,7 +2,7 @@
 # $FreeBSD$
 
 PORTNAME=	contextlib2
-PORTVERSION=	0.5.4
+PORTVERSION=	0.5.5
 CATEGORIES=	devel python
 MASTER_SITES=	CHEESESHOP
 PKGNAMEPREFIX=	${PYTHON_PKGNAMEPREFIX}
diff --git a/devel/py-contextlib2/distinfo b/devel/py-contextlib2/distinfo
index cf859ecd316c..0ed33a41e684 100644
--- a/devel/py-contextlib2/distinfo
+++ b/devel/py-contextlib2/distinfo
@@ -1,3 +1,3 @@
-TIMESTAMP = 1469961673
-SHA256 (contextlib2-0.5.4.tar.gz) = 710626cde569f51a87f216ff757fe60f5cd13ae8f8114706590510cd5649ce88
-SIZE (contextlib2-0.5.4.tar.gz) = 28523
+TIMESTAMP = 1494101849
+SHA256 (contextlib2-0.5.5.tar.gz) = 509f9419ee91cdd00ba34443217d5ca51f5a364a404e1dce9e8979cea969ca48
+SIZE (contextlib2-0.5.5.tar.gz) = 28755