diff --git a/package/dnsmasq/Makefile b/package/dnsmasq/Makefile
index 4d3beba995..6051db9d71 100644
--- a/package/dnsmasq/Makefile
+++ b/package/dnsmasq/Makefile
@@ -9,12 +9,12 @@
 include $(TOPDIR)/rules.mk
 
 PKG_NAME:=dnsmasq
-PKG_VERSION:=2.45
+PKG_VERSION:=2.46
 PKG_RELEASE:=1
 
 PKG_SOURCE:=$(PKG_NAME)-$(PKG_VERSION).tar.gz
 PKG_SOURCE_URL:=http://thekelleys.org.uk/dnsmasq
-PKG_MD5SUM:=b7956e15c9766e05b3eca3ce88fdb616
+PKG_MD5SUM:=79ec740d1a10ee75f13efa4ff36d0250
 
 include $(INCLUDE_DIR)/package.mk