diff --git a/packages/tools/mtools/package.mk b/packages/tools/mtools/package.mk
index c62c6e12a8..e72b0c9c60 100644
--- a/packages/tools/mtools/package.mk
+++ b/packages/tools/mtools/package.mk
@@ -3,8 +3,8 @@
 # Copyright (C) 2019-present Team LibreELEC (https://libreelec.tv)
 
 PKG_NAME="mtools"
-PKG_VERSION="4.0.26"
-PKG_SHA256="539f1c8b476a16e198d8bcb10a5799e22e69de49d854f7dbd85b64c2a45dea1a"
+PKG_VERSION="4.0.29"
+PKG_SHA256="c6b50b4603e7afe54ba0109094669373028db9af743f5c541bca4b7664aefec7"
 PKG_LICENSE="GPL"
 PKG_SITE="http://www.gnu.org/software/mtools/"
 PKG_URL="http://ftpmirror.gnu.org/${PKG_NAME}/${PKG_NAME}-${PKG_VERSION}.tar.bz2"