diff --git a/sys-apps/timer_entropyd/Manifest b/sys-apps/timer_entropyd/Manifest
index c949a3a625872..6efb9562f40db 100644
--- a/sys-apps/timer_entropyd/Manifest
+++ b/sys-apps/timer_entropyd/Manifest
@@ -1 +1,2 @@
 DIST timer_entropyd-0.2.tgz 8323 SHA256 0cf2b976b78c1b1169a4bec5a6fc71d8b118de927bc05002686376a61f73989a SHA512 789f19c2652781593b9ce91c584eab4ef9210bb47f1afb6186311416a67c84235ed1a163ffdc017b6d50ff706bf7ff6a84013b4b31fe6c09eabe95a484805898 WHIRLPOOL 8fa8233d8a867f7f5290ba1fbd39a2ed80756cfe0948fcc5038c256b4f62b39bd1592a639e6c13ce11c481a9a85288dd30568fd082c36bd09f6ad5986c421d15
+DIST timer_entropyd-0.3.tgz 8329 SHA256 3a022b82363c3ecdd005cd6c5a7441d62a46aa88059581c2f7677bd84f393560 SHA512 bdfedb594ee32daf7fb961a703842ca3479de158fc19bd75664b183e44bcf2ef3e74645cc6097f340834933db6f9133710df7d433ac062b2375494de5c052dcc WHIRLPOOL 8806784ffc7ce6c370d15980dfe00e4afd89dcfdfd2d06b5eb9f8d9d8b46e4974d429e93703fb26ad9ade4b5d53c2c25c88356b31aec08ed16340711d1025142
diff --git a/sys-apps/timer_entropyd/timer_entropyd-0.2.ebuild b/sys-apps/timer_entropyd/timer_entropyd-0.2.ebuild
index d4026f8b28c05..2b3bcbaaca693 100644
--- a/sys-apps/timer_entropyd/timer_entropyd-0.2.ebuild
+++ b/sys-apps/timer_entropyd/timer_entropyd-0.2.ebuild
@@ -1,4 +1,4 @@
-# Copyright 1999-2015 Gentoo Foundation
+# Copyright 1999-2017 Gentoo Foundation
 # Distributed under the terms of the GNU General Public License v2
 
 EAPI=4
diff --git a/sys-apps/timer_entropyd/timer_entropyd-0.3.ebuild b/sys-apps/timer_entropyd/timer_entropyd-0.3.ebuild
new file mode 100644
index 0000000000000..d1a0febbc6a94
--- /dev/null
+++ b/sys-apps/timer_entropyd/timer_entropyd-0.3.ebuild
@@ -0,0 +1,42 @@
+# Copyright 1999-2017 Gentoo Foundation
+# Distributed under the terms of the GNU General Public License v2
+
+EAPI=5
+
+inherit eutils flag-o-matic toolchain-funcs
+
+DESCRIPTION="A timer-based entropy generator"
+HOMEPAGE="http://www.vanheusden.com/te/"
+SRC_URI="http://www.vanheusden.com/te/${P}.tgz"
+
+LICENSE="GPL-2"
+SLOT="0"
+KEYWORDS="~amd64 ~mips ~x86"
+IUSE="debug selinux"
+
+RDEPEND="selinux? ( sec-policy/selinux-entropyd )"
+
+src_prepare() {
+	sed -i -e 's:-O2::' Makefile || die
+	epatch "${FILESDIR}"/${PN}-0.1-syslog.patch
+}
+
+src_compile() {
+	use debug && append-cppflags -D_DEBUG
+
+	tc-export CC
+	emake DEBUG= || die
+}
+
+src_install() {
+	exeinto /usr/libexec
+	doexe ${PN}
+	dodoc Changes readme.txt
+	newinitd "${FILESDIR}/timer_entropyd.initd.1" ${PN} || die
+}
+
+pkg_postinst() {
+	elog "To start ${PN} at boot do rc-update add ${PN} default"
+	elog "To start ${PN} now do /etc/init.d/${PN} start"
+	elog "To check the amount of entropy, cat /proc/sys/kernel/random/entropy_avail"
+}