diff --git a/extra/ocaml/PKGBUILD b/extra/ocaml/PKGBUILD
index b68cbfc5a..de2ff6e92 100644
--- a/extra/ocaml/PKGBUILD
+++ b/extra/ocaml/PKGBUILD
@@ -6,8 +6,8 @@
 
 pkgbase='ocaml'
 pkgname=('ocaml' 'ocaml-compiler-libs')
-pkgver=4.02.3
-pkgrel=2
+pkgver=4.03.0
+pkgrel=1
 pkgdesc="A functional language with OO extensions"
 arch=('i686' 'x86_64')
 license=('LGPL2.1' 'custom: QPL-1.0')
@@ -15,9 +15,9 @@ url="http://caml.inria.fr/"
 depends=('gdbm')
 makedepends=('tk>=8.6.0' 'ncurses>=5.6-7' 'libx11')
 optdepends=('ncurses: advanced ncurses features' 'tk: advanced tk features')
-source=(http://caml.inria.fr/distrib/ocaml-4.02/${pkgname}-${pkgver}.tar.gz
+source=(http://caml.inria.fr/distrib/ocaml-4.03/${pkgname}-${pkgver}.tar.xz
         arm.patch)
-md5sums=('ef1a324608c97031cbd92a442d685ab7'
+md5sums=('89f62881e03dfad0cf04991fbc03f955'
          'bf67fe35a844f0d1a13a489f4414fd6d')
 options=('!makeflags' '!emptydirs' 'staticlibs')