diff --git a/development/valgrind/valgrind.SlackBuild b/development/valgrind/valgrind.SlackBuild
index 9896b40a59..6daa3a141b 100644
--- a/development/valgrind/valgrind.SlackBuild
+++ b/development/valgrind/valgrind.SlackBuild
@@ -25,7 +25,7 @@
 #  ADVISED OF THE POSSIBILITY OF SUCH DAMAGE.
 
 PRGNAM=valgrind
-VERSION=${VERSION:-3.15.0}
+VERSION=${VERSION:-3.16.0}
 BUILD=${BUILD:-1}
 TAG=${TAG:-_SBo}
 
diff --git a/development/valgrind/valgrind.info b/development/valgrind/valgrind.info
index a4fe911996..b87786eadd 100644
--- a/development/valgrind/valgrind.info
+++ b/development/valgrind/valgrind.info
@@ -1,8 +1,8 @@
 PRGNAM="valgrind"
-VERSION="3.15.0"
+VERSION="3.16.0"
 HOMEPAGE="http://www.valgrind.org/"
-DOWNLOAD="http://sourceware.org/pub/valgrind/valgrind-3.15.0.tar.bz2"
-MD5SUM="46e5fbdcbc3502a5976a317a0860a975"
+DOWNLOAD="http://sourceware.org/pub/valgrind/valgrind-3.16.0.tar.bz2"
+MD5SUM="495b30af5e5ed62ebb9bb777ee19b27f"
 DOWNLOAD_x86_64=""
 MD5SUM_x86_64=""
 REQUIRES=""