diff --git a/python/psutil/README b/python/psutil/README
index b7548981e3..a8cbc03c9e 100644
--- a/python/psutil/README
+++ b/python/psutil/README
@@ -3,3 +3,5 @@ running processes and system utilization (CPU, memory, disks, network, users) in
 a portable way by using Python, implementing many functionalities offered by
 command line tools such as: ps, top, df, kill, free, lsof, netstat, ifconfig,
 nice, ionice, iostat, iotop, uptime, pidof, tty, who, taskset, and pmap.
+
+Optional dependencies are pysetuptools and python3.
diff --git a/python/psutil/psutil.SlackBuild b/python/psutil/psutil.SlackBuild
index 659e0ef08a..2c673d0220 100644
--- a/python/psutil/psutil.SlackBuild
+++ b/python/psutil/psutil.SlackBuild
@@ -23,7 +23,7 @@
 #  ADVISED OF THE POSSIBILITY OF SUCH DAMAGE.
 
 PRGNAM=psutil
-VERSION=${VERSION:-0.7.1}
+VERSION=${VERSION:-1.0.1}
 BUILD=${BUILD:-1}
 TAG=${TAG:-_SBo}
 
@@ -57,12 +57,16 @@ find . \
 
 python setup.py install --root=$PKG
 
+if $(python3 -c 'import os' 2>/dev/null); then
+  python3 setup.py install --root=$PKG
+fi
+
 find $PKG -print0 | xargs -0 file | grep -e "executable" -e "shared object" | grep ELF \
   | cut -f 1 -d : | xargs strip --strip-unneeded 2> /dev/null || true
 
 mkdir -p $PKG/usr/doc/$PRGNAM-$VERSION
 cp -a \
-  CREDITS HISTORY LICENSE MANIFEST.in PKG-INFO README \
+  CREDITS HISTORY LICENSE MANIFEST.in PKG-INFO README TODO \
   $PKG/usr/doc/$PRGNAM-$VERSION
 cat $CWD/$PRGNAM.SlackBuild > $PKG/usr/doc/$PRGNAM-$VERSION/$PRGNAM.SlackBuild
 
diff --git a/python/psutil/psutil.info b/python/psutil/psutil.info
index eda316d15d..787c94079a 100644
--- a/python/psutil/psutil.info
+++ b/python/psutil/psutil.info
@@ -1,10 +1,10 @@
 PRGNAM="psutil"
-VERSION="0.7.1"
+VERSION="1.0.1"
 HOMEPAGE="http://code.google.com/p/psutil/"
-DOWNLOAD="http://psutil.googlecode.com/files/psutil-0.7.1.tar.gz"
-MD5SUM="ad7bcd473cd2a64763ed8286e279d3d7"
+DOWNLOAD="http://psutil.googlecode.com/files/psutil-1.0.1.tar.gz"
+MD5SUM="c85e29db7d6d716761eb2b105b9fb177"
 DOWNLOAD_x86_64=""
 MD5SUM_x86_64=""
-REQUIRES="distribute"
+REQUIRES=""
 MAINTAINER="Larry Hajali"
 EMAIL="larryhaja[at]gmail[dot]com"